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MC Qu. 13-22 (Algo) An industry having a four-firm concentration... An industry having a four-firm concentration ratio of 0.2 percent Multiple Choice is an oligopoly.

MC Qu. 13-22 (Algo) An industry having a four-firm concentration...

An industry having a four-firm concentration ratio of 0.2 percent

Multiple Choice

is an oligopoly.
is a pure monopoly.
is monopolistically competitive.
approximates pure competition.

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