If an industry is made up of five identical firms, the four - firm concentration ratio is

Question

Madilyn Underwood

Business

27 September, 17:03

If an industry is made up of five identical firms, the four - firm concentration ratio is

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Damaris Dyer · Answer 1

I had to look for the options and here is the answer. The concentration ratio that is being referred to the description above is 80%. This means that the industry consists of five identical firms and the four-firm concentration is being referred to. Hope this answers your question.