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The Following Table Shows the Dollar Amount of Sales in 2016

Question 15

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 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: -If Clear Water Island acquired Poolside Paradise,the concentration ratio would ________ and the market price of pools would likely ________. A) increase; fall B) increase; rise C) decrease; not change D) decrease; fall E) decrease; rise
-If Clear Water Island acquired Poolside Paradise,the concentration ratio would ________ and the market price of pools would likely ________.


A) increase; fall
B) increase; rise
C) decrease; not change
D) decrease; fall
E) decrease; rise

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