Market Share and Concentration Ratio
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These top firms in industry C have market shares of 30, 25, 10 and 5% respectively. The top four firms in industry D have market shares of 15, 12, 8 and 4 % respectively.
Calculate the four firm concentration ratios for the two industries. Which industry is more concentrated?
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Solution Summary
This solution explains how to calculate concentration ratios of firms based on market share.
Solution Preview
To find the four firm concentration ratio, you will add the market shares of the ...
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