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The concentration ratio tells you Question 4Select one: a. the proportion of total market share, output, etc., held by the largest N firms. b. how

The concentration ratio tells you Question 4Select one: a. the proportion of total market share, output, etc., held by the largest N firms. b. how concentrated one industry is compared to another. c. the difference between the top N firms' market share vs. output. d. the proportion of total market share held by the smallest N firms

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