Concentration ratios Flashcards
1
Q
What is a concentration ratio
A
the collective market share of the largest firm in an industry
2
Q
How do we write concentration ratios?
A
N(total number of firms):Total market share
3
Q
In a concentration ratio when you see ‘others’ what do you do?
A
Just ignore it
4
Q
what is the concentration ratio for this example:
A 5% B 19% C 6%
A
3:30
