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The Following Table Shows the Total Dollar Amount of Sales

Question 10

Multiple Choice

The following table shows the total dollar amount of sales in 2012 for the four largest firms in the adhesive manufacturing industry.Total industry sales in 2012 were $782,000.Use this table to answer the following questions:
The following table shows the total dollar amount of sales in 2012 for the four largest firms in the adhesive manufacturing industry.Total industry sales in 2012 were $782,000.Use this table to answer the following questions: -The four-firm concentration ratio in this industry is __________ percent. A) 20 B) 40 C) 60 D) 80 E) 100
-The four-firm concentration ratio in this industry is __________ percent.


A) 20
B) 40
C) 60
D) 80
E) 100

Correct Answer:

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