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The four largest firms in the breakfast cereal industry generated sales of $7.0 billion in 2018, whereas the total breakfast cereal industry generated sales of
The four largest firms in the breakfast cereal industry generated sales of $7.0 billion in 2018, whereas the total breakfast cereal industry generated sales of $8.5 billion. The four-firm concentration ratio for the breakfast cereal industry in 2018 was ________
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