Question
There are 7 firms in a given market. Their respective market shares are the following: (s1 ,...,s7 ) = (10%, 5%, 30%, 5%, 15%, 10%,
There are 7 firms in a given market. Their respective market shares are the following:
(s1,...,s7) = (10%, 5%, 30%, 5%, 15%, 10%, 25%)
Determine the following market measure:
CR2= ...
70% (or 0.70)
Correct!
55% (or 0.55)
15% (or 0.15)
30% (or 0.30)
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A Course In Environmental Economics
Authors: Daniel J Phaneuf, Till Requate
1st Edition
1316866815, 9781316866818
