WebMost economists believe that a four-firm concentration ratio of greater or less than nothing percent indicates that an industry is an oligopoly. (Enter your response as … WebJan 7, 2016 · You can calculate L by finding the difference between price and marginal costs as a percentage of the price. More formally: L = p − C ′ p But it is easily observed that L ignores some dynamics of the markets. Lower prices do not necessarily mean high levels of competition. Share Improve this answer Follow edited Jan 7, 2016 at 0:13

Answered: Firm Market Share (%) A 50 B 25 C 12 D… bartleby

WebThe following table lists the market shares of the five largest firms in the local night club market. The rest of the market output is produced by smaller firms that are not listed. Firm Market share Washtub 13% Kilo Alpha 16% Packrat 8% A+ 26% Chebees 19% What is the four-firm concentration ratio of this market? % Previous question Next question WebTo find the four-firm concentration ratio, add 32%+27%+15%+10%=84%. Use the market's HHI and the FTC's historical guidelines for mergers to answer the following … chug patrol wilson

How to Calculate Four-Firm Concentration Ratio Bizfluent

The concentration ratio, in economics, is a ratio that indicates the size of firms in relation to their industry as a whole. Low concentration ratio in an industry would indicate greater competition among the firms in that industry, compared to one with a ratio nearing 100%, which would be evident in an industry … See more The concentration ratio indicates whether an industry is comprised of a few large firms or many small firms. The four-firm concentration ratio, which consists of the market shareof the four largest firms in an industry, expressed … See more The Herfindahl-Herschman Index(HHI) is an alternative indicator of firm size, calculated by squaring the percentage share (stated as a … See more The concentration ratio is calculated as the sum of the market share percentage held by the largest specified number of firms in an industry. The concentration ratio ranges from 0% … See more Assume that ABC Inc., XYZ Corp., GHI Inc., and JKL Corp. are the four largest companies in the biotechnology industry, and an economist aims to calculate the degree of … See more WebExpert Answer 100% (3 ratings) Four firm concentration ratio measures the market … View the full answer Transcribed image text: The market shares of the top five firms in … Web5 - Returned to GreenWorld unacceptable merchandise that had an invoice price of $150. 18 - Paid GreenWorld for the March 3 purchase, net of the discount and the returned … destiny associates