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Use the four-firm concentration ratio given in parentheses to determine which of the industries is most likely to be characterized as highly competitive. ct one:
Use the four-firm concentration ratio given in parentheses to determine which of the industries is most likely to be characterized as highly competitive.
ct one:
a.
Automobiles (8%)
b.
Computers (45%)
c.
Furniture (21%)
d.
Copper (95%)
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