Exhibit 26-2

-Refer to Exhibit 26-2.The four-firm concentration ratio in Year 1 was

Name: Exhibit 26-2 -Refer to Exhibit 26-2.The four-firm concentration ratio in Year 1 was
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Question

Exhibit 26-2
 
-Refer to Exhibit 26-2.The four-firm concentration ratio in Year 1 was

Quizplus · Accepted Answer

The four-firm concentration ratio is the sum of the market shares of the four largest firms in an industry. In Year 1, the market shares of the four largest firms are 30%, 25%, 20%, and 15%, respectively. Therefore, the four-firm concentration ratio in Year 1 is 30% + 25% + 20% + 15% = 90%.

Exhibit 26-2 -Refer to Exhibit 26-2.The Four-Firm Concentration Ratio in Year 1