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  • 24-08-2022
  • Business
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The value of the four-firm concentration ratio that many economists consider indicative of the existence of an oligopoly in a particular industry is?

Respuesta :

Iamakshay Iamakshay
  • 05-09-2022

Answer:

Anything Greater than 40 percent.

What is a four-firm concentration ratio?

  • Concentration ratio: The combined percentage of total industry output accounted for by the largest producers in the industry.
  • For example, the four-firm concentration ratio (CR4) refers to the market share of the four largest firms.
  • The higher the concentration ratio, the more concentrated the industry is.

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