The table below shows the global soft drink market share (%) by volume for major beverage companies.
| Company | Market share (%) |
|---|---|
| Coca-Cola Co. | 41 |
| PepsiCo | 22 |
| Keurig Dr Pepper | 8 |
| Red Bull | 5 |
| Nestlé | 4 |
| Danone | 3 |
| Suntory | 2 |
| National Beverage | 2 |
| Other | 13 |
| Total | 100 |
From the data in the table, what is the six-firm concentration ratio?
76%
80%
83%
87%
136 exam-style questions on AQA A Level Economics 1.5 Perfect competition, imperfectly competitive markets and monopoly, covering 1.5.1 Market structures, 1.5.2 The objectives of firms, 1.5.3 Perfect competition, 1.5.4 Monopolistic competition (A-level only), 1.5.5 Oligopoly (A-level only), 1.5.6 Monopoly and monopoly power, 1.5.7 Price discrimination (A-level only), 1.5.8 The dynamics of competition and competitive market processes, 1.5.9 Contestable and non-contestable markets (A-level only), 1.5.10 Market structure, static efficiency, dynamic efficiency and resource allocation (A-level only), and 1.5.11 Consumer and producer surplus (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.