The four-firm _______ measures the percentage share of the total sales in the Industry that is accounted for by the largest four firms.
A) coordination ratio
B) market share ratio
C) concentration ratio
D) production ratio

Question

Quizplus · Accepted Answer

The four-firm concentration ratio is a measure used to assess the degree of concentration in an industry, specifically by calculating the total market share held by the four largest firms within that industry.

The Four-Firm _______ Measures the Percentage Share of the Total