Economic Issues and Policy 6th Edition by Jacqueline Murray Brux

Exercise 1

Check out the Census Bureau Web page that focuses on concentration ratios (http://www.census.gov/epcd/ www/concentration.html). Can you find concentration ratios for markets that are not reported in this book? Find one market you are interested in and determine whether it is competitive or concentrated. By the time this book is published, you may be able to find updated concentration rations for the year 2007.