Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:
a. Firm A: 30%
b. Firm B: 20%
c. Firms C, D, and E: 10% each
d. Firms F, G, H, and J: 5% each
What is the value of the four-firm concentration ratio and how is the industry categorized?
A) 80%; strongly oligopolistic B) 70%; oligopoly
C) 50%; monopolistic competition D) 75%; oligopoly
B
Economics
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What is the value of the intra-industry trade index for an industry in which exports are $100 million and imports are $100 million?
a. 100/200 = 0.50 b. (100 + 100)/100 = 2.00 c. 100/[1/2 × (100 + 100)] = 1.00 d. (100 - 100)/100 = 0.00
Economics
Net present value of a project equals:
A) Discounted Benefit - Discounted Cost. B) Discounted Cost × Discounted Benefit. C) Discounted Cost/Discounted Benefit. D) Discounted Benefit/Discounted Cost.
Economics