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Table 16-1
the Following Table Shows the Output Produced by Each

Question 145

Multiple Choice

Table 16-1
The following table shows the output produced by each of the top eight firms in four industries as well as the total industry output for those industries.


 Firm  Industry A  Industry B  Industry C  Industry D 150,00018,00037,00040,000247,00017,75036,50039,000343,00017,25035,50037,000438,00016,50034,00034,000532,00015,50032,00030,000625,00014,25029,50025,000717,00012,75026,50019,00088,00011,00023,00012,000 Total 270,000130,000300,000250,000\begin{array} { | c | c | c | c | c | } \hline \text { Firm } & \text { Industry A } & \text { Industry B } & \text { Industry C } & \text { Industry D } \\\hline 1 & 50,000 & 18,000 & 37,000 & 40,000 \\\hline 2 & 47,000 & 17,750 & 36,500 & 39,000 \\\hline 3 & 43,000 & 17,250 & 35,500 & 37,000 \\\hline 4 & 38,000 & 16,500 & 34,000 & 34,000 \\\hline 5 & 32,000 & 15,500 & 32,000 & 30,000 \\\hline 6 & 25,000 & 14,250 & 29,500 & 25,000 \\\hline 7 & 17,000 & 12,750 & 26,500 & 19,000 \\\hline 8 & 8,000 & 11,000 & 23,000 & 12,000 \\\hline \text { Total } & \mathbf { 2 7 0 , 0 0 0 } & \mathbf { 1 3 0 , 0 0 0 } & \mathbf { 3 0 0 , 0 0 0 } & \mathbf { 2 5 0 , 0 0 0 } \\\hline\end{array}
-Refer to Table 16-1. Based on the concentration ratio, which industry is the most competitive?


A) Industry A
B) Industry B
C) Industry C
D) Industry D

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