If 10 Firms Share the Sales of the Market Equally

question 10

Multiple Choice

If 10 firms share the sales of the market equally, the four-firm concentration ratio is ________ percent.

• A) 100
• B) 40
• C) 10
• D) 5

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Definitions:

Biphobia

Prejudice, fear, or hatred towards bisexuality and bisexual people, manifesting in discrimination, stereotyping, and exclusion.

Heteronormativity

The belief or assumption that heterosexual relationships are the normal or preferred mode of sexual orientation, often marginalizing other orientations.

Rape Culture

Systemic attitudes reflected in victim blaming that minimize, ignore, and normalize sexual violence against women.

Victim Blaming

Suggesting that women invite sexual violence or deserve to be sexually assaulted because they dress or behave in ways that are considered to be sexually suggestive or inviting.