There are three firms in an industry. If a fourth firm enters, the concentration ratio will. a)

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There are three firms in an industry. If a fourth firm enters, the concentration ratio will.

a) go up

b) go down

c) remain the same.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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Question Posted: Mar 01, 2024 11:00 PM

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There are three firms in an industry. If a fourth firm enters, the concentration ratio will. a)

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Microeconomics

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