Use the table below to answer the following questions.
Table 13.1.1
-Refer to Table 13.1.1.The four-firm concentration ratio for taco stands is
A)15 percent.
B)100 percent.
C)80 percent.
D)33 percent.
E)30 percent.

Question

Use the table below to answer the following questions.
Table 13.1.1 
-Refer to Table 13.1.1.The four-firm concentration ratio for taco stands is
A)15 percent. 
B)100 percent. 
C)80 percent. 
D)33 percent. 
E)30 percent.

Quizplus · Accepted Answer

The four-firm concentration ratio is the percentage of total industry sales accounted for by the four largest firms. In this case, the four largest taco stands account for 33% of total industry sales.

Use the Table Below to Answer the Following Questions