Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
stars_and_moon stars_and_moon
wrote...
Go to Answer
Posts: 3218
Rep: 11 0
7 years ago
There are three firms in an industry.  One firm is extremely large, with 96% of the sales in the industry.  The other two firms are quite small with only 2% of the sales in the industry each.  What is the four-firm concentration ratio for the industry?
A) 100
B) 96
C) 3
D) 48
Read 108 times
3 Replies
Replies
Answer verified by a subject expert
kingbykingby
wrote...
#1
Top Poster
Posts: 3218
Rep: 26 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

wrote...
#2
7 years ago
Incredible!
wrote...
#3
7 years ago
I instantly knew the answer when I read the question, happy to help
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1278 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 291
  
 1157
  
 767
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: How often do you eat-out per week?