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3.4 Market structures

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Question 10

European Electric Vehicle (EV) Sales by Manufacturer

ManufacturerEV Sales (thousands)
Volkswagen Group2 500
Stellantis1 500
Tesla1 000
Hyundai-Kia600
BMW Group400
Others2 000
Total8 000

Calculate the five-firm concentration ratio from the table above. You are advised to show your working.

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3.4 Market structures Questions

  1. A Level
  2. /Economics
  3. /3.4 Market structures