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Author Question: FirmSales (millions of dollars)Firm 1100Firm 290Firm 385Firm 480Other 50 firms645 The table above ... (Read 81 times)

Alainaaa8

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FirmSales
(millions of dollars)
Firm 1100
Firm 290
Firm 385
Firm 480
Other 50 firms645

The table above shows the revenue figures for a(n) ________ market because its four-firm concentration ratio is ________ percent.
◦ competitive; 35.5
◦ uncompetitive; 55
◦ perfectly competitive; 15.5
◦ concentrated; 55
◦ perfectly competitive; 35.5


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Marked as best answer by Alainaaa8 on May 24, 2019

kardosa007

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