The above table shows the market shares for all the landscaping services in a suburban area. The four-firm concentration ratio equals

A) 30 percent.
B) 60 percent.
C) 65 percent.
D) 100 percent.

C

Economics

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How does the market for inputs like labor differ from the market for goods and services?

What will be an ideal response?

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How much would the firm make in revenue if it chooses to sell only the high-end professional series?

a. $100 b. $110 c. $120 d. $130

Economics