Market shares of mat makers are in the table below. Firm Market Share (Percent) Made-to-last, Inc 20 Big Wheel, Inc 17 Magic Carpet, Inc 22 Supreme, Inc 17 Copra, Inc 24 What is the structure of the industry?

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter8: Monopoly
Section: Chapter Questions
Problem 12SQP
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Market shares of mat makers are in the table below.

Firm

Market Share (Percent)

Made-to-last, Inc

20

Big Wheel, Inc

17

Magic Carpet, Inc

22

Supreme, Inc

17

Copra, Inc

24

  1. What is the structure of the industry?

 

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