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The information below sets out the estimated market shares for the cellular phone manufacturing market. Firm Market Share Nokia 36% Fujitsu 3% Kyocera 3% LG
The information below sets out the estimated market shares for the cellular phone manufacturing market. Firm Market Share Nokia 36% Fujitsu 3% Kyocera 3% LG 6% Motorola 16% Samsung 6% Sanyo 46 Siemens 79% Sony Ericsson 11% Plus 8 more firms with 1% eachIf Samsung were to acquire Sanyo, the four-firm concentration ratio would be O a) 70 O b) 65 c) 68 ( d) 73
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