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Question
| Firm | Annual Sales | Firm | Annual Sales |
| A | $1000 | G | $800 |
| B | 900 | H | 1200 |
| C | 120 | I | 1050 |
| D | 75 | J | 90 |
| E | 50 | K | 75 |
| F | 40 | L | 600 |
According to the above table, if the fourth and fifth largest firms in the industry merge, the four-firm concentration ratio in the industry will be
A) 82.5 percent.
B) 35.8 percent.
C) 69.0 percent.
D) 84.1 percent.
Answer
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