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Suppose that the demand in a particular industry is given by Q d = 100 - 2P. When the market price in the industry is
Suppose that the demand in a particular industry is given by Qd = 100 - 2P. When the market price in the industry is $10 per unit, the total demand in the industry is ___. Furthermore, assume that each of the four largest firms in the industry sells 15 units. Based on this information, the four-firm concentration ratio is ____.
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