Given the information in Table 2, calculate the concentration ratio of this industry. Show your work. TABLE
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Question:
Given the information in Table 2, calculate the concentration ratio of this industry. Show your work.
TABLE 2 | |
Firm | Percent of Sales |
A | 14% |
B | 4 |
C | 23 |
D | 5 |
E | 2 |
F | 8 |
G | 17 |
H | 10 |
I | 2 |
J | 15 |
Total | 100% |
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