Multiple Choice
The following table shows the dollar amount of sales in 2016 for the four largest firms in the above-ground pool industry.Total industry sales in 2016 were $467,000.Use this table to answer the following questions:
-The four-firm concentration ratio in this industry is __________ percent.
A) 24
B) 41
C) 62
D) 78
E) 94
Correct Answer:

Verified
Correct Answer:
Verified
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