Question: Please solve 2 question The Costa Rican gimble industry consists of 14 firms whose annual sales are as shown in the table below: Firm Sales

Please solve 2 question

The Costa Rican gimble industry consists of 14 firms whose annual sales are as shown in the table below: Firm Sales (in millions) Next eight firms (total) a. What is the (four-) firm concentration ratio for this industry? Four firm concentration: de b. In what type of market does the gimble industry operate? Market type: (Click to select) > Click to select) Oligopoly Monopoly Monopolistic competition

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