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 four-firm concentration ratio in this industry is __________ percent.

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

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Definitions:

Iconic Memory

A form of sensory memory that temporarily holds visual information and impressions of visual stimuli for a very short period of time after an object is observed.

Anterograde Amnesia

A condition where a person is unable to form new memories following the onset of the amnesia, though long-term memories from before the event remain intact.

Retrograde Amnesia

A loss of memory for events or information learned before an injury or the onset of a disease.

Electroconvulsive Therapy

An approach to treating psychological disorders by triggering seizures with electrical impulses to aid in symptom relief.