Suppose that the distribution of sales within an industry is as shown in the table. What is the four-firm concentration ratio for this industry? %. (Enter your response as a whole number.) C Firm ABCDEFGH А с Total Share of Total Market Sales HOSHBE552 20 15 14 8 6 100%

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Give typing answer with explanation and conclusion
K
Suppose that the distribution of sales within an industry is
as shown in the table.
What is the four-firm concentration ratio for this industry?
%. (Enter your response as a whole number.)
COD
Firm
ABCDEFGHI
А
Total
Share of Total Market Sales
25
648885GEN
20
15
100%
Transcribed Image Text:K Suppose that the distribution of sales within an industry is as shown in the table. What is the four-firm concentration ratio for this industry? %. (Enter your response as a whole number.) COD Firm ABCDEFGHI А Total Share of Total Market Sales 25 648885GEN 20 15 100%
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