Multiple Choice
Use the information below to answer the following questions.
Fact 10.4.1 GameStop Racks Up the Points
No retailer has more cachet among gamers than GameStop. For now, only Wal-Mart has a larger market share-21.3% last year. GameStop's share was 21.1% last year, and may well overtake Wal-Mart this year. But if new women gamers prefer shopping at Target to GameStop, Wal-Mart and Target might erode GameStop's market share.
Source: Fortune, June 9, 2008
-Refer to Fact 10.4.1. The four-firm concentration ratio for the game market in the United States ________. The HHI for the game market in the United States ________.
A) equals 100; equals 10,000
B) exceeds 60; is less than 1,000
C) is less than 60; is less than 1,000
D) ranges from approximately 40 percent to 85 percent; ranges from approximately 900 to 2,025
E) is close to zero; is close to zero
Correct Answer:

Verified
Correct Answer:
Verified
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