The combined market share of the top four firms in a monopolistically competitive industry will typically be in the range of Group of answer choices Zero to 2 percent. Zero to 5 percent. 70 to 100 percent. 20 to 40 percent. None of the Answers are Correct.

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Option C. The combined market share of the top four firms in a monopolistically competitive industry will typically be 70 to 100 percent.

What is combined market share?

This is the calculation that is done by taking a person's total sales and dividing by the total sales of a particular market sector.

This would be 70 to 100 percent in a market that has 4 firms combined together.

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