Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. suppose that there are two industries, a and b. th

Suppose that there are two industries, A and B. There are five firms in industry...

60.1K

Verified Solution

Question

Accounting

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 million, $1 million, and $1 million, respectively. There are four firms in industry B with equal sales of $2.5 million for each firm. The four-firm concentration ratio for industry B is: A. 0.9. B. 1.0. C. 0.8. D. 0.7.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Respond to the following in a minimum of 175 words: Discuss the differences between an internal...

Operations Management
Q

A seed and an amniotic egg both contain all of the following EXCEPT a(n)...O food...

Biology
Q

2 5 In a cell a phosphate group is added to ADP to form ATP...

Biology
Q

A 4 0 kg particle like object is located at x 0 y 2 0...

Physics
Q

5 Given C 116 a 13 9 and c 9 3 use the Law of...

Geometry
Q

Find the APR rounded to the nearest tenth of a percent for the loan described...

Basic Math
Q

Following is information on two alternative investment projects being considered by...

Accounting
Q

address the following: Revenue recognition for most product sales that allow the right of return...

Accounting
Q

Required information [The following information applies to the questions displayed below.] Hemming...

Accounting
Q

Over the past several years, decommissioned U.S. warships have been turned into artificial reefs in...

Accounting
Q

Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 39,000 candles for the year....

Accounting
Q

Your firm is evaluating a project that will generate the following cash flows next year...

Finance