Suppose that a small town has seven burger shops whose respective shares of the local hamburger...

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Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of

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& a) Sum four firm Concentration ratio is the of market share (in ua) or four largest frims in the industry Pfc = 25+ 22 +18+ c) To top three firm combined than; ffe= (25+22+ 18) + 12 to 11 +18 = 65+12+1178 = 964 New HHE = (224 22 + 18) 24 (1292 +1²+

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Suppose that a small town has seven burger shops whose respective shares of the local hamburger...

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