The pizza market is divided as follows: a. How would you describe its market structure? b. What
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The pizza market is divided as follows:
a. How would you describe its market structure?
b. What is the approximate Herfindahl index?
c. What is the four-firm concentration ratio?
Transcribed Image Text:
Pizza Hut 20.7% Domino's 17.0 Little Caesars 6.7 Pizza Inn/Pantera's 2.2 Round Table 2.0 All others 51.4
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