Question: i This is a Multiple Choice question / It is worth 2 points / You have 2 of 2 attempts remaining / There is a

 i This is a Multiple Choice question / It is worth

i This is a Multiple Choice question / It is worth 2 points / You have 2 of 2 attempts remaining / There is a 20% attempt penalty 01 Question (2 points) See page 399 The following table reports the four-firm concentration ratio for five different industries: Industry Four-Firm Concentration Ratio Industry A 62% Industry B 51% Industry C 74% Industry D 81% Industry E 92% 1st attempt Part 1 (1 point) See Hint Refer to the table above. In which industry do the four largest firms have the most market power? Choose one: O A. Industry A O B. Industry B O C. Industry C O D. Industry D O E. Industry E Part 2 (1 point) See Hint Refer to the table above. In which industry do the four largest firms have the least market power? Choose one: O A. Industry A O B. Industry B O C. Industry C O D. Industry D O E. Industry E

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