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Four Firm Concentration Ratio
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Problem 10
Four Firm Concentration Ratio
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12. Monopoly / Four Firm Concentration Ratio / Problem 10
Problem 10
If the four largest firms in an industry produce 400, 300, 200, and 100 units respectively, what is their combined output?
A
900 units
B
800 units
C
700 units
D
1000 units
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