Why is the four-firm concentration ratio only an imperfect measure of market power?

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Managerial Economics

ISBN: 978-0324588866

12th edition

Authors: Mark Hirschey

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Question Posted: Feb 13, 2015 09:54 AM

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Why is the four-firm concentration ratio only an imperfect measure of market power?

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The four firm concentration ratio measures the share of domestic output produced by ...View the full answer

Managerial Economics

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