BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406
BuyFind

Microeconomics

13th Edition
Roger A. Arnold
Publisher: Cengage Learning
ISBN: 9781337617406

Solutions

Chapter
Section
Chapter 11, Problem 3WNG
Textbook Problem

Total industry sales are $105 million. The top four firms account for sales of $10 million, $9 million, $8 million, and $5 million, respectively. What is the four-firm concentration ratio?

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