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dmalex13 dmalex13
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2 years ago
The table below shows the market shares for the only firms in a domestic cement market.

​Market Share
Firm A45%
Firm B22%
Firm C10%
Firm D 8%
Firm E 7%
Firm F 5%
Firm G 2%
Firm H 1%

TABLE 11-1

Refer to Table 11-1. The four-firm concentration ratio in this industry is ________%.

▸ 67

▸ 85

▸ 100

▸ 92

▸ 45
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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bizmailovabizmailova
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