Business, 19.12.2019 07:31 jw2590

You are told that the four-firm concentration ratio in an industry is 20.
based on this information you can conclude that:

a) each of the top four firms has 20 percent of industry sales.
b) the four largest firms account for a combined 80 percent of the industry
c) sales. the four largest firms account for 20 percent of industry sales.
d) each of the four largest firms accounts for 5 percent of industry sales.

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You are told that the four-firm concentration ratio in an industry is 20.
based on this infor...

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