Homework Answers
Here fourth largest firm is B and the fifth largest firm is G. So annual sale after merging of these two firms is (900+800)=$1700
Top four firm's sale is (1700+1200+1050+1000)=$4950
Total sale of (1000+900+120+75+50+40+800+1200+1050+90+75+600)=$6000
Four firm concentration ratio is (4950/6000)*100=82.5%
Option B is correct.
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