Question: Use the four-firm concentration ratio given in parentheses to determine which of the industries is most likely to be characterized as highly competitive. ct one:

Use the four-firm concentration ratio given in parentheses to determine which of the industries is most likely to be characterized as highly competitive.

ct one:

a.

Automobiles (8%)

b.

Computers (45%)

c.

Furniture (21%)

d.

Copper (95%)

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