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    Microeconomics Australia
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    Exam 16: Monopolistic Competition
  5. Question
    The Table Above Shows the Revenue Figures for the Top
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The Table Above Shows the Revenue Figures for the Top

Question 23

Question 23

Multiple Choice

The table above shows the revenue figures for the top four firms along with a total for the remaining firms in the fast-food industry. What is the four-firm concentration ratio for the industry?


A) 80 per cent
B) 200 per cent
C) 20 per cent
D) 100 per cent
E) 25 per cent

Correct Answer:

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