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Q1. The top four firms in industry A have market shares of 30, 25, 10 also 5 percent (%), respectively. The top four firms in industry B have market shares of 15, 12, 8 also 4 percent (%), respectively. Calculate the four-firm concentration ratios for the two industries. That industry is more concentrated?
Q2. In uncertain times, especially when the economy is experiencing a downturn, consumer spending tends to decline also savings rates tend to rise. Elucidate Illustrate what could be done to encourage people to spend more so as to raise aggregate Demand also, invariably, create employment possibilities.
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Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
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What would happen to the amount of economic investment made today if firms expected the future returns to such investment to be very low.
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