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The information below sets out the estimated market revenue for the television manufacturing market is given in the table below. Firm Revenue (in millions of

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The information below sets out the estimated market revenue for the television manufacturing market is given in the table below. Firm Revenue (in millions of $) Hitachi 525 Philips/Magnavox 1,270 JVC 630 Matsushita/Panasonic 240 Mitsubishi 520 Samsung 650 Sharp 615 Sony 1,930 Toshiba 250 10 more firms 1,120 Based on this information, the four-firm concentration ratio is

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