Business, 29.01.2020 02:42, rainingsouls

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 four firms in industry b with equal sales of $2.5 million for each firm. the four-firm concentration ratio for industry a is:
.9

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