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    Issues in Economics Today
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    Exam 5: Perfect Competition, Monopoly, and Economic Versus Normal Profit
  5. Question
    An Industry Which Has a 4-Firm Concentration Ratio near 0
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An Industry Which Has a 4-Firm Concentration Ratio near 0

Question 43

Question 43

Multiple Choice

An industry which has a 4-firm concentration ratio near 0 would best be described as


A) perfect competition.
B) monopolistic competition.
C) oligopoly.
D) monopoly.

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