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3.4 Market structures

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Question 23

With reference to the table below, calculate the three-firm concentration ratio for the offshore wind generation market in Sector Gamma. Show your workings and express your answer to two decimal places.

Offshore Wind Generation Capacity by Operator in Sector Gamma

OperatorGeneration Capacity (MW)
VentiPower1480
NordAura1220
SolasEnergy960
ZephyrGen340
OceanBreeze210
AeolusLtd180
Independent local co-operatives690
[5]

3.4 Market structures Questions

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