Mathematics, 21.07.2019 09:00 pedrojsq271

Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percent- ages of all hamburgers sold): 23 percent, 22 percent, 18 percent, 12 percent, 11 percent, 8 percent, and 6 percent. what is the four-firm concentration ratio of the hamburger industry in this town

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Suppose that a small town has seven burger shops whose respective shares of the local hamburger mark...