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

Question

Business

Ziggy

2 January, 19:59

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

+2

Answers (1)

Know the Answer?

Mariah · 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.