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Firm Sales in 2 0 2 1 Sweets & Treats, Inc. $ 2 7 5 , 0 0 0 Midwest Candy Co . $ 1

Firm Sales in 2021
Sweets & Treats, Inc. $275,000
Midwest Candy Co. $160,000
Adelberto's Candies $98,000
Cora's Confections $57,000
All other firms in industry combined $160,000
The four-firm concentration ratio in this industry is
Question 22 options:
0.94(94 percent).
0.21(21 percent).
0.41(41 percent).
0.79(79 percent).
0.58(58 percent).

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