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. Consider a market with 10 firms. . The market shares for the 10 firms in this market are 41%, 19.8%, 12.3%, 10.7%, 4.3%, 5.9%,

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. Consider a market with 10 firms. . The market shares for the 10 firms in this market are 41%, 19.8%, 12.3%, 10.7%, 4.3%, 5.9%, 2.3%, 1.5%, 1.2%, and 1%, respectively. . The CR4 and CR8 for this market are 83.8 and 97.8, respectively. a Calculate the numbers equivalent for this market. (Round to two decimal places.) (b) Complete the following sentence: This market is as competitive as if there were approximately (a whole number) firms of (one word) size in it. CHECK

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