Let's assume that the table below represents the market shares for the smart phone market. Firm Market Share Apple 44% Fujitsu 3% Kyocera 2% LG 3% Motorola 13% Samsung 24% Sanyo 4% Siemens 2% Sony Ericsson 5% Based on this information, the four-firm concentration ratio is

Let's assume that the table below represents the market shares for the smart phone market. Firm Market Share Apple 44% Fujitsu 3% Kyocera 2% LG 3% Motorola 13% Samsung 24% Sanyo 4% Siemens 2% Sony Ericsson 5% Based on this information, the four-firm concentration ratio is

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter25: Government And Product Markets: Antitrust And Regulation

Section25.1: Antitrust

Problem 2ST

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Question

Let's assume that the table below represents the market shares for the smart phone market.

Firm	Market Share
Apple	44%
Fujitsu	3%
Kyocera	2%
LG	3%
Motorola	13%
Samsung	24%
Sanyo	4%
Siemens	2%
Sony Ericsson	5%

Based on this information, the four-firm concentration ratio is

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