The table below shows revenue data for different firms producing refrigerators. Use the given information to find the market share of each firm. The "other" row is comprised of a number of small firms. Round each value to at least 1 decimal point. Firm Revenue Market Share Acme Co 450 Baluga, LLC 685 Corky Co 325 Dingo Inc 660 Eagle Inc 700 Fox Inc 765 Other 755 What is the Four Firm Concentration Ratio?
The table below shows revenue data for different firms producing refrigerators. Use the given information to find the market share of each firm. The "other" row is comprised of a number of small firms. Round each value to at least 1 decimal point. Firm Revenue Market Share Acme Co 450 Baluga, LLC 685 Corky Co 325 Dingo Inc 660 Eagle Inc 700 Fox Inc 765 Other 755 What is the Four Firm Concentration Ratio?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Transcribed Image Text:The table below shows revenue data for different firms producing refrigerators. Use the given information to find the market share of each
firm. The "other" row is comprised of a number of small firms.
Round each value to at least 1 decimal point.
Firm
Revenue
Market Share
Acme Co
450
Baluga, LLC
685
Corky Co
325
Dingo Inc
660
Eagle Inc
700
Fox Inc
765
Other
755
What is the Four Firm Concentration Ratio?
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