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The Table Below Shows the Market Shares for the Only

Question 104

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The table below shows the market shares for the only firms in a domestic cement market.  Market Share  Firm A 45% Firm B 22% Firm C 10% Firm D 8% Firm E 7% Firm F 5% Firm G 2% Firm H 1%\begin{array} { | l | c | } \hline & \text { Market Share } \\\hline \text { Firm A } & 45 \% \\\hline \text { Firm B } & 22 \% \\\hline \text { Firm C } & 10 \% \\\hline \text { Firm D } & 8 \% \\\hline \text { Firm E } & 7 \% \\\hline \text { Firm F } & 5 \% \\\hline \text { Firm G } & 2 \% \\\hline \text { Firm H } & 1 \% \\\hline\end{array} TABLE 11- 1
-Refer to Table 11- 1.The eight- firm concentration ratio in this industry is %.


A) 85
B) 92
C) 45
D) 67
E) 100

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