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Question 1 . 1 4 A fragmented industry is one in which: ( 1 ) a . Foreign firms have almost equal market shares on

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1.14

A fragmented industry is one in which:

(1)

.

Foreign firms have almost equal market shares on domestic firms

.

No one firm has a significant market share

.

One firm strongly influences the industry's outcomes

.

Competitors have been beaten down by regulations

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