Seven-firm concentration ratio in the printer industry

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The table below shows recent worldwide market shares of producers of printers. (See page 576 and Problem 26-1) Firm Share of Worldwide Market Sales Brother 2% Canon 22% Dell 6% Epson 18% Hewlett-Packard 36% Lexmark 4% Samsung 11% Other 1% a. In this year, what was the four-firm concentration ratio in the printer industry? b. In this year, what was the seven-firm concentration ratio in the printer industry?

Reference no: EM131063464

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