Scenario 16-1 Suppose the Following Are the Sales for All of the of the Firms

question 130

Multiple Choice

Scenario 16-1
Suppose the following are the sales for all of the firms in two different industries.
-Refer to Scenario 16-1. What are the concentration ratios for these industries?

• A)Industry A: 22%, Industry B: 26%
• B)Industry A: 41%, Industry B: 47%.
• C)Industry A: 68%, Industry B: 79%
• D)Industry A: 100%, Industry B: 100%.