Table 16-3 the Following Table Shows the Output Produced by Each of Each

question 210

Multiple Choice

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 A?

• A)approximately 52%
• B)approximately 58%
• C)approximately 66%
• D)approximately 72%

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