-According to the above table, the four-firm concentration ratio of this industry is
A) 69.2 percent.
B) 35.1 percent.
C) 66.7 percent.
D) 67.5 percent.

Question

-According to the above table, the four-firm concentration ratio of this industry is
A) 69.2 percent. 
B) 35.1 percent. 
C) 66.7 percent. 
D) 67.5 percent.

Quizplus · Accepted Answer

The four-firm concentration ratio is calculated by adding the market shares of the four largest firms in the industry. Without the specific table data, the correct answer cannot be determined through calculation. However, based on the provided options, if A) 69.2 percent is the correct answer, it means the sum of the market shares of the top four firms equals 69.2%.

-According to the Above Table, the Four-Firm Concentration Ratio of This