Question: Hey! Need help big time! Everything is attached, nothing is missing. Thanks! Consider a market composed of 30 firms, having the follow distribution of market

Hey! Need help big time! Everything is attached, nothing is missing. Thanks!

Consider a market composed of 30 firms, having the follow distribution of market shares: . Firm 1 has 35% . Firm 2 has 20% . Firm 3 has 15% . Firm 4 has 10% . Firms 5 through 30 have less than 1% each According to our discussion in class, how would you characterize the market? O a. Perfectly Competitive O b. Duopoly O c. Oligopoly O d. Monopoly

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