Question

Table 16-2 The following table shows the total output produced by the top six firms as well as the total industry output for each industry. Firm Industry B 8,750 7,500 6,400 Industry A 13,250 10,975 8,175 4,275 1,250 875 45,350 Industry C 1,750 1,725 1,700 1,675 1,650 1,625 30,125 Industry D 15,000 14,000 13,000 12,000 11,000 10,000 120,000 5,000 4,250 4,000 70,900 Total | Refer to Table 16-2. Which industry is the most competitive? Industry A O Industry B Industry C Industry D

Answer 1

four E. Total share of ist 4 tromy firm С во с Industry show Ratio Indue Hry A 13,250 + 10,975 +8175 +4 275 & Fou tim ratio 45, 350 = 10.80877 - 8750 +7500 + 6400+ 5000 Industry B fow from ratio 70, 900 10.39 industry C Four firm Ratio = 1750 + 1725 + 1700+1675 30, 125 To.2273 Industry four firm 15,000+ 14, 000 + 13000 + 12,000 Ratio 120000 - 10.45