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If each firm in a market has 1% share in the market's output, which of the following is true of this market? Select a Choice
If each firm in a market has 1% share in the market's output, which of the following is true of this market? Select a Choice Below current question choices OptionA The market is highly concentrated. OptionB The market is most likely to reflect the characteristics of perfect competition. OptionC The firms in the market depend heavily on the actions of their rivals. OptionD The market is a monopoly
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