The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
Answer:
8 7/24 hope this helps
Step-by-step explanation:
Answer:
BF = 30
Step-by-step explanation:
Each midsegment is half the length of the parallel side of the triangle. CE is 60 and is parallel to BF, so BF = 60/2 = 30.
Answer:
Step-by-step explanation:
Use the formula
where P is the initial investment, r is the interest rate in decimal form, and t is the time in years. Filling in what we are given:
and simplifying a bit:
and a bit more:
A(t) = 5000(1.340095641) so
A(t) = 6700.48
