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Calculate the four firm concentration ratios

Problem:

These top firms in industry C have market shares of 30, 25, 10 and 5% respectively. The top four firms in industry D have market shares of 15, 12, 8 and 4 % respectively.

Calculate the four firm concentration ratios for the two industries. Which industry is more concentrated?

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Accounting Basics: Calculate the four firm concentration ratios

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