$$\begin{array} { c c } \text { Firm } & \text { Market Share } \\1 & 40 \% \\2 & 20 \\3 & 15 \\4 & 10 \\5 & 5 \\6 & 5 \\7 & 5\end{array}$$

question 48

Short Answer

$$\begin{array} { c c } \text { Firm } & \text { Market Share } \\1 & 40 \% \\2 & 20 \\3 & 15 \\4 & 10 \\5 & 5 \\6 & 5 \\7 & 5\end{array}$$
-How much is the concentration ratio in this industry?

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