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 2 decimal points. Firm % Acme Co Baluga, LLC Cran Inc Delta Co Eagle Inc Fox Inc. Other What is the Four Firm Concentration Ratio? Revenue in $ Market Share in % 245.00 595.00 105.00 170.00 725.00 515.00 990.00

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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 2 decimal points.

| Firm      | Revenue in $ | Market Share in % |
|-----------|--------------|-------------------|
| Acme Co   | 245.00       |                   |
| Baluga, LLC | 595.00     |                   |
| Cran Inc  | 105.00       |                   |
| Delta Co  | 170.00       |                   |
| Eagle Inc | 725.00       |                   |
| Fox Inc   | 515.00       |                   |
| Other     | 990.00       |                   |

What is the Four Firm Concentration Ratio?

|                               | % |
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 2 decimal points. | Firm | Revenue in $ | Market Share in % | |-----------|--------------|-------------------| | Acme Co | 245.00 | | | Baluga, LLC | 595.00 | | | Cran Inc | 105.00 | | | Delta Co | 170.00 | | | Eagle Inc | 725.00 | | | Fox Inc | 515.00 | | | Other | 990.00 | | What is the Four Firm Concentration Ratio? | | % |
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