What Is the Four-Firm Concentration Ratio If the Four Largest

question 100

Multiple Choice

What is the four-firm concentration ratio if the four largest firms in an industry account for 5 percent,6 percent,7 percent,and 8 percent of total revenue?

• A) 26 percent
• B) 174 percent
• C) 1,680
• D) There is enough information given to answer the question, but none of the answers above is correct.
• E) There is not enough information given to answer the question.

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