What is a concentration ratio?
What is a concentration ratio?
A concentration ratio is the combined market share of the largest few firms in a market, expressed as a percentage of total market sales. An nnn-firm concentration ratio includes the largest nnn firms, such as the largest four firms for CR4CR_4CR4.
Step-by-step lessons on CIE Intl A Level Economics 7.6.5 definition and calculation of the concentration ratio. Each one builds up to exam-style questions.