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Suppose that Sony, Samsung, LG, Panasonic, Toshiba, and Vizio are the only television manufacturers. Their market shares are 25%, 20%, 15%, 15%, 15%, and 10%,

Suppose that Sony, Samsung, LG, Panasonic, Toshiba, and Vizio are the only television manufacturers. Their market shares are 25%, 20%, 15%, 15%, 15%, and 10%, respectively. What is the four-firm concentration ratio?

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