Question: Use the following data to answer questions (2) through (4): In the table below are market shares of firms in the U.S. carbonated soft drink

Use the following data to answer questions (2) through (4): In the table below are market shares of firms in the U.S. carbonated soft drink industry: Note: All Others refers to the combined market share of all other smaller producers, which collectively just treat as the "firm" All Others. [2] The three-firm concentration ratio equals: A. 12 B. 64 C. 86 D. None of the above

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