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What advantage does expressing the four firm concentration ratio as a percentage provide?
What are the potential implications of a four firm concentration ratio of 70% on consumer choice?
Given the outputs: Firm A - 700 units, Firm B - 500 units, Firm C - 300 units, Firm D - 200 units, Firm E - 100 units, which are the four largest firms?
Why is the four firm concentration ratio often expressed as a percentage?
What are the potential implications of a four firm concentration ratio of 95% on consumer choice?
In the saxophone solos market, if the top four players produce 970 solos and the total market output is 1161 solos, what is the four firm concentration ratio?
If the four firm concentration ratio is 60%, what does this suggest about the market structure?
In a market with firms producing 700, 500, 300, and 200 units, what is the total industry output?
If the combined output of the top four firms is 800 units and the total industry output is 1000 units, what is the four firm concentration ratio?
If the four largest firms in an industry produce 400, 300, 200, and 100 units respectively, what is their combined output?