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-The Table Above Shows the Revenue Figures for A(n)________ Market

Question 48

Multiple Choice

  -The table above shows the revenue figures for a(n) ________ market because its four-firm concentration ratio is ________ percent. A)  competitive; 35.5 B)  uncompetitive; 55 C)  perfectly competitive; 15.5 D)  concentrated; 55 E)  perfectly competitive; 35.5
-The table above shows the revenue figures for a(n) ________ market because its four-firm concentration ratio is ________ percent.


A) competitive; 35.5
B) uncompetitive; 55
C) perfectly competitive; 15.5
D) concentrated; 55
E) perfectly competitive; 35.5

Correct Answer:

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