There Are 6 Firms in a Market and the Market

question 373

Multiple Choice

There are 6 firms in a market and the market shares of the firms are 40 percent, 30 percent, 10 percent, 8 percent, 7 percent, and 5 percent. The four-firm concentration ratio is equal to

• A) 2738.
• B) 2664.
• C) 100.
• D) 88.

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Definitions:

Disbursement Float

The time lag between a payment being made by a company and the actual withdrawal of funds from the company's account.