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Tags
#cfa-level-1 #microeconomics #reading-16-the-firm-and-market-structures #section-2-analysis-of-mkt-structures #study-session-4
Question
Some markets are [...], with the majority of total sales coming from a small number of firms
Answer
highly concentrated

Tags
#cfa-level-1 #microeconomics #reading-16-the-firm-and-market-structures #section-2-analysis-of-mkt-structures #study-session-4
Question
Some markets are [...], with the majority of total sales coming from a small number of firms
Answer
?

Tags
#cfa-level-1 #microeconomics #reading-16-the-firm-and-market-structures #section-2-analysis-of-mkt-structures #study-session-4
Question
Some markets are [...], with the majority of total sales coming from a small number of firms
Answer
highly concentrated
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Some markets are highly concentrated, with the majority of total sales coming from a small number of firms

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2. ANALYSIS OF MARKET STRUCTURES
and. That radiographic image can be digitized and sent to a radiologist in India to be read. As a customer (i.e., patient), you may never know that part of the medical service provided to you was the result of a worldwide market. <span>Some markets are highly concentrated, with the majority of total sales coming from a small number of firms. For example, in the market for small consumer batteries, three firms controlled 87 percent of the US market (Duracell 43 percent, Energizer 33 percent, and Rayovac 11 percent) as of 20

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