2. Suppose you read the 2004 Census of Manufactures in Canada and noted four-firm concentration ratios and
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2. Suppose you read the 2004 Census of Manufactures in Canada and noted four-firm concentration ratios and Herfindahl-Hirschman indexes for the following oligopolistic industries:
Which one represents the most unbalanced oligopoly?
Explain. Can you determine from the data which of the leading firms in sports equipment and railroads has the highest percentage of industry sales? Explain.
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