The following is a list of airline firms and the percentages of total passengers carried across the Pacific in 1984.
Northeast: 27.5 JAL: 21.9 Pan Am: 18.5 Korean Air: 9.3 United: 7.3 China Airlines: 6.8 Singapore Airlines: 2.9 Other: 5.8.
What is the four-firm concentration ratio of this market? If United Airlines purchases Pan Am, what is the new concentration ratio?
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