Multiple Choice
In the personal computer (PC) market in the first half of 2008, Hewlett-Packard maintained its worldwide No. 1 ranking at a market share of 19.1 percent. Dell's market share was 16 percent and Acer held onto third place with a 9.5 percent share, and Lenovo maintained fourth place, with a 7.9 percent share. What is the four-firm concentration ratio in the PC market?
A) 60.3
B) 52.5
C) 45
D) 36.5
Correct Answer:

Verified
Correct Answer:
Verified
Q59: The implicit rental rate for capital is<br>A)
Q60: The possibility that the managers of a
Q61: A major disadvantage of a proprietorship is
Q62: The Roomba 980 is a robotic vacuum
Q63: Heidi quit her job as a chef
Q65: Methods for making 2,000 CDs per day<br>
Q66: Which of the following is CORRECT?<br>A) If
Q67: One year ago, Ms. Case and Mr.
Q68: A firm that is maximizing its profit<br>A)
Q69: Economies of team production exist when the<br>A)