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The Costa Rican gimble industry consists of 14 firms whose annual sales are as shown in the table below: Firm Sales (in millions) A 19
The Costa Rican gimble industry consists of 14 firms whose annual sales are as shown in the table below: Firm Sales (in millions) A 19 B 22 C 7 D 4 E 15 F 25 Next eight firms (total) 37 a. What is the (four-) firm concentration ratio for this industry? Four firm concentration: b. In what type of market does the gimble industry operate? Market type: [(Click to select)
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