Table 16-3 the Following Table Shows the Output Produced by Each of Each

question 602

Multiple Choice

Table 16-3
The following table shows the output produced by each of the top eight firms in four industries as well as the total industry output for those industries.
-Refer to Table 16-3. Based on the concentration ratio, which industry is the most competitive?

• A)Industry A
• B)Industry B
• C)Industry C
• D)Industry D

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