Multiple Choice
Table 16-2
The following table shows the total output produced by the top six firms as well as the total industry output for each industry.
-Refer to Table 16-2. What is the concentration ratio for Industry M?
A) about 96%
B) about 52%
C) about 40%
D) about 22%
Correct Answer:

Verified
Correct Answer:
Verified
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