The table below shows revenue data for different firms producing computers. Use the given information to find the market share of each firm. Market Share in % Firm Aardvark Inc Keep 2 decimals for the market share percentages What is the Four Firm Concentration Ratio? Is this market concentrated? OYes ONO Baluga LLC Cran Inc Dingo Inc Eagle Inc Revenue in $ 500 295 425 195 575 9- 1. 4. 9.

Exploring Economics
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ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter15: Oligopoly And Strategic Behavior
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The table below shows revenue data for different firms producing computers. Use the given information to find the market share of each firm.
Revenue in $ Market Share in %
Keep 2 decimals for the market share percentages
What is the Four Firm Concentration Ratio?
Is this market concentrated?
OYes
ONO
Firm
Aardvark Inc
Baluga LLC
Cran Inc
Dingo Inc
Eagle Inc
500
295
425
195
575
Transcribed Image Text:The table below shows revenue data for different firms producing computers. Use the given information to find the market share of each firm. Revenue in $ Market Share in % Keep 2 decimals for the market share percentages What is the Four Firm Concentration Ratio? Is this market concentrated? OYes ONO Firm Aardvark Inc Baluga LLC Cran Inc Dingo Inc Eagle Inc 500 295 425 195 575
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