Table 16-2
The following table shows the total output produced by the top six firms as well as the total industry output for four industries.

-Refer to Table 16-2.What is the concentration ratio for Industry B?
A)12%
B)32%
C)39%
D)51%

Question

Table 16-2
The following table shows the total output produced by the top six firms as well as the total industry output for four industries.
 
-Refer to Table 16-2.What is the concentration ratio for Industry B?
A)12% 
B)32% 
C)39% 
D)51%

Quizplus · Accepted Answer

The concentration ratio for Industry B is 39%. This is the percentage of total industry sales accounted for by the four largest firms in the industry.

Table 16-2 the Following Table Shows the Total Output Produced by the by the Top