Suppose that the distribution of sales within an industry is as shown in the first table. a.
Question:
Suppose that the distribution of sales within an industry is as shown in the first table.
a. What is the four-firm concentration ratio for this industry?
b. What is the eight-firm concentration ratio for this industry?
Transcribed Image Text:
Firm A BUDEE I All others Total Share of Total Market Sales 15% 14 12 11 10 10 8 7 13 100%
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