Top Posters
Since Sunday
s
5
g
5
K
5
o
5
g
5
o
4
k
4
s
4
I
4
k
4
j
4
o
4
New Topic  
SirJohnny SirJohnny
wrote...
Posts: 124
Rep: 0 0
7 months ago

If the top four firms account for $85 billion in sales and total industry sales are $250 billion, it follows that the four-firm concentration ratio is



0.34.



0.66.



1.34.



1.66.

Textbook 
Economics

Economics


Edition: 12th
Author:
Read 33 times
1 Reply
Replies
Answer verified by a subject expert
wackocrazywackocrazy
wrote...
Posts: 142
Rep: 2 0
7 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

SirJohnny Author
wrote...

7 months ago
Thanks
wrote...

Yesterday
Just got PERFECT on my quiz
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  837 People Browsing
Related Images
  
 4443
  
 225
  
 144
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 379

Previous poll results: How often do you eat-out per week?