Year.      Bank.            Deposits 2018      STANBIC.      6,205,018  2019.       Stanbic.        9,295,682 2020         STanbic.        12,742,132 2018.       BARCLAYS.    7,657,089 2019           Absa.          10,139,424 2020          Absa.       10,598,067   Question: What is the five firm concentration ratio using deposits in the table above

ENGR.ECONOMIC ANALYSIS
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Year.      Bank.            Deposits
2018      STANBIC.      6,205,018 
2019.       Stanbic.        9,295,682
2020         STanbic.        12,742,132

2018.       BARCLAYS.    7,657,089

2019           Absa.          10,139,424

2020          Absa.       10,598,067

 

Question: What is the five firm concentration ratio using deposits in the table above

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Step 1

As per the given information, the total firms are 5 as there are Absa. are 2 times given 

Firms are : STANBIC. ,Stanbic. , STanbic., BARCLAYS., Absa.

 The concentration ratio is used to find the concentration power in the market.

Five firm Concentration ratio is used to find the concentration power of the biggest 5 firms in terms of the volume(here give total deposits)

 

 

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