Multiple Choice
There are 6 firms in a market and the market shares of the firms are 40 percent, 30 percent, 10 percent, 8 percent, 7 percent, and 5 percent. The four-firm concentration ratio is equal to
A) 2738.
B) 2664.
C) 100.
D) 88.
Correct Answer:
Verified
Correct Answer:
Verified
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