Assuming a speed limit is 105 km/hr, what is this in miles per hour
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Ответ:
Ответ:
28.6%
Explanation:
The four firm concentration ratio is a matrix that shows how much control the 4 largest firms in a market have.
It is calculated by summing the market share of the four largest firms in the industry.
So calculating for it would be
Four firm concentration ratio = 11.2%(firm A) + 7.7% (firm B) + 5.1% (firm C) + 4.6% (firm D)
= 28.6%
The four-firm concentration ratio for the above industry is 28.6%