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Business, 19.03.2020 06:20 Savagepanda911

Suppose the market for smoothies is supplied by 11 competitors. Their respective market shares are 40%, 20%, 10%, 5%, 5%, 5%, 4%, 4%, 4%, 2%, and 1%. Compute C4 for the smoothie market. Your answer should be a decimal between 0 and 1, rounded to the second decimal place (e. g. 0.50).

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