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SirJohnny SirJohnny
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8 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
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wackocrazywackocrazy
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8 months ago
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SirJohnny Author
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8 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Good timing, thanks!
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2 hours ago
Just got PERFECT on my quiz
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