Table 16-1 the Following Table Shows the Percentage of Output Supplied by Supplied

question 310

Multiple Choice

Table 16-1
The following table shows the percentage of output supplied by the top eight firms in four different industries.

-Refer to Table 16-1.What is the concentration ratio in Industry X?

• A) 6%
• B) 44%
• C) 90%
• D) 99%

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