Plaza Plates if only one of several competitors in the smartplate industry. ElectricEats led the industry in

Fantastic news! We've Found the answer you've been seeking!

Question:

Plaza Plates if only one of several competitors in the smartplate industry. ElectricEats led the industry in the US with sales of $295.4 million last year, and Apple had a strong entry with $145.6 million in sales. Siemens recorded US sales of $97.5 million, and Plaza Plates had sales of $163.1 million. Total industry sales in the US was $876.9 million.

Calculate THREE-FIRM MARKET CONCENTRATION INDEX for the US smartplate industry