What are the advantages and disadvantages of - Page Chapter...

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Chapter 5
Chapter 5 ! .
Chapter 5 .
What are the advantages and disadvantages of using a 5-firm concentration ratio rather than a 10-firm, 3-firm or even a 1-firm ratio?
Clearly, this problem is more acute when using a 2-firm or a 1-firm ratio.
Chapter 6 (Why are some industries like bread baking and brewing relatively concentrated, in that a few firms produce a large proportion of total output (see Box 7.3 and Web case 7.5). and yet there are also many small producers?
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