Order the answer to: Suppose that the distribution of sales within an industry is

Academic Help business-economics Order the answer to: Suppose that the distribution of sales within an industry is

business-economics

Order the answer to: Suppose that the distribution of sales within an industry is

Question Suppose that the of sales within an industry is as shown in the table.
Firm Share of Total Market Sales
A ……………………. 15%
B ……………………. 14
C ……………………. 12
D ……………………. 11
E ……………………. 10
F ……………………. 10
G ……………………. 8
H ……………………. 7
All others ……………. 13
Total ………………… 100%
a. What is the four-firm concentration ratio for this industry?
b. What is the eight-firm concentration ratio for this industry?
Subject business-economics
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