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Suppose each of the 50 states had only one gasoline station, and all the stations were the same size. The four-firm concentration ratio a consumer,

Suppose each of the 50 states had only one gasoline station, and all the stations were the same size. The four-firm concentration ratio a consumer, who only drives within the state, would experience is

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  • 0.32.
  • 0.08.
  • 1.0.
  • 0.16.

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