If the four-firm concentration ratio is 100 percent, this means that the

Name: If the four-firm concentration ratio is 100 percent, this means that the
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The four-firm concentration ratio is a measure of the total market share held by the top four firms in an industry. If it is 100 percent, it means these four firms together hold the entire market share, indicating that there are no more than four firms in the industry, or that these four firms are the only ones with significant market share.

If the Four-Firm Concentration Ratio Is 100 Percent, This Means