Mathematics, 05.05.2020 20:34 salinasroel22

Suppose a ten firm industry has total sales of $35 million per year. The largest firm have sales of $10 million, the third largest firm has sales of $4 million, and the fourth largest firm has sales of $2 million . If fifth through tenth largest firms combined have annual sales of $ 12 million, the four-firm concentration ratio for this industry is

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Suppose a ten firm industry has total sales of $35 million per year. The largest firm have sales of...