How would you classify each of the following industries in the USA? 1. Breakfast cereal manufacturing: 48
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How would you classify each of the following industries in the USA?
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1. Breakfast cereal manufacturing: 48 firms, CR, - 82.9% 2. Textile mills: 3,863 firms, CR, - 13.8% = 3. Breweries: 494 firms, CR, - 89.7% 4. Wineries: 637 firms, CR, -43.2%
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In economics market concentration is often measured using the Concentration Ratio CR which indicates ...View the full answer
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