Col1 Firm A B C D E
col2 Market Share (%) 40 30 20 5 5
Refer to the data. Suppose that enforcement of antitrust laws resulted in any firm in this industry with market share above 20 percent to be split into two firms, with each having equal market share. That would cause this industry toa. remain an oligopoly. b. change from monopolistic competition to oligopoly. c. change from oligopoly to monopolistic competition. d. remain monopolistically competitive.
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