Business
Business, 28.06.2019 06:50, yoboi33

Suppose that there are two industries, a and b. there are five firms in industry a with sales at $5 million, $2 million, $1 million, $1 million, and $1 million, respectively. there are 4-firms in industry b with equal sales of $2.5 million for each firm. the four-firm concentration ratio for industry a is: a. 0.9. b. 1.0. c. 0.8. d. 0.7.

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Suppose that there are two industries, a and b. there are five firms in industry a with sales at $5...

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