Answered: If market share for five cleaning…

If market share for five cleaning service companies are 8%, 13%, 6%, 25%, and 48%, the four firm concentration ratio would be 27 49 94

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If market share for five cleaning service
companies are 8%, 13%, 6%, 25%, and 48%, the
four firm concentration ratio would be
27
49
94

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