What is the concentration ratio in an industry with the following market shares? Firm A Firm...

What is the concentration ratio in an industry with the following market shares?

Firm A	Firm B	Firm C	Firm D	Firm E	Firm F	Firm G
13.2	11.4	4.2	3.6	2.7	2.2	1.6

Expert Solution

To get the concentration ratio add the top 4 firms market share and divide by total market share of the firm and convert into percentage.

13.2+11.4+ 4.2+ 3.6 = 32.4 / 38.9

= 0.8329 x 100

= 83.29% is the concetration ratio in the given market.

Rahul Sunny answered 2 years ago

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