The table shows the sales of the firms in the tattoo industry. Calculate the four-firm concentration ratio.
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The table shows the sales of the firms in the tattoo industry.
Calculate the four-firm concentration ratio. What is the structure of the tattoo industry?
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Firm Bright Spots Freckles Love Galore Native Birds Other 15 firms Sales (dollars per year) 450 325 250 200 800
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Based on the information in the table we can calculate the fourfirm concentration ratio which is a m...View the full answer
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