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Suppose a ten firm industry has total salos of $35 millon per year The largest firm have sales of $10 million the third largest firm has sales of $4 milion and the fourth largest firm has sales

Suppose a ten firm industry has total salos of $35 millon per year. The largest firm have sales of $10 million, the third largest firm has sales of $4 milion, and the fourth largest firm has sales of $2 million If fifth through tenth largest firms combined have annual sales of $12 million, the four - firm concentration ratio for this industry is O A. 45.7 percent. OB. 65.7 percent. O C. 80 percent D. none fo the above.

Apr 02 2020 View more View Less

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