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An analyst gathers the following market share data for an industry: Company Sales (in millions) XYA 500 XYB 400 XYC 350 XYD 120 XYE 90

An analyst gathers the following market share data for an industry:

Company

Sales (in millions)

XYA

500

XYB

400

XYC

350

XYD

120

XYE

90

All others

80

Determine the industry's four-company concentration ratio.

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