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The following table shows the four - firm concentration ratios of various industries. Industry Four - Firm Concentration Ratio Aerospace products and parts 5 5
The following table shows the fourfirm concentration ratios of various industries.
Industry
FourFirm Concentration Ratio
Aerospace products and parts
Cigarettes
Greeting cards
Petroleum and coal products
Breakfast cereals
Based on the data presented in the table, in which of the following industries are sales most concentrated among the four largest firms?
Petroleum and coal products
Cigarettes
Breakfast cereals
Greeting cards
Aerospace products and parts
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