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Table 16-3
The following table shows the output produced by each of the top eight firms in four industries as well as the total industry output for those industries.
-Refer to Table 16-3. What is the concentration ratio for Industry C?
Leverage
Increasing the rate of return on funds invested by borrowing funds.
Return
The gain or loss on an investment over a specified period, expressed as a percentage of the investment’s cost.
Risk
Uncertainty about loss or injury.
Debt Capital
Capital raised through borrowing, typically in the form of loans or bonds, that must be repaid with interest.
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