Use the following table to calculate the four=firm concentration ratio for the  U. S. auto market. Does this indicate a concentrated market or not?                      The table is............. GM       19%                                                                                                                     Ford      17%                                                                                                                   Toyota     14%

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Use the following table to calculate the four=firm concentration ratio for the  U. S. auto market. Does this indicate a concentrated market or not?                      The table is............. GM       19%                                                                                                                     Ford      17%                                                                                                                   Toyota     14%                                                                                                                  Chrysler     11%

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