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Homework answers / question archive / The following table gives annual sales for firms in the gadget industry

The following table gives annual sales for firms in the gadget industry

Marketing

The following table gives annual sales for firms in the gadget industry.

FIRMS ANNUAL SALES (in millions)

1 50

2 25

3 20

4 18

ALL OTHER FIRMS 15

The four-firm concentration ratio in this industry is

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