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Question
| Firm | Annual Sales ($ million) |
| 1 | 350 |
| 2 | 200 |
| 3 | 150 |
| 4 | 100 |
| 5 | 75 |
| 6 through 30 | 50 |
| Total | 925 |
Refer to the above table. The four -firm concentration ratio is
A) 86.5 percent.
B) 33.3 percent.
C) 13.3 percent.
D) 11.6 percent.
Answer
This answer is hidden. It contains 1 characters.
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