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Based on the following markets shares, calculate this industry's concentration ratio: Firm 1=20%; Firm 2=30%, Firm 3=5%, Firm 4=5%, Firm 5=3% Select one: a.55% b.60%
Based on the following markets shares, calculate this industry's concentration ratio: Firm 1=20%; Firm 2=30%, Firm 3=5%, Firm 4=5%, Firm 5=3%
Select one:
a.55%
b.60%
c.65%
d.68%
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