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:
-If Glues R Us split into two separate companies,the concentration ratio would ________ and the market price of adhesive would likely ________.
Definitions:
Balance
The ability to maintain the body's center of mass over its base of support, a key component of motor coordination.
Pelvic Girdle
The pelvic girdle is the bony structure located at the base of the spine that connects the torso and legs, providing support for the upper body.
Thoracic Vertebrae
The twelve vertebrae located in the mid-back region of the spine, forming part of the thoracic cage structure.
Foramina
Natural openings or holes in a bone through which nerves and blood vessels pass.
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