Four Firm Concentration Ratios and Competition What is the FOUR-FIRM concentration ratio of your chosen industry?
(90.8% in the brewery industry example indicated above) HIGHLIGHT or CIRCLE that number on your attachment (so that I can find it quickly when grading this assignment).
Based on your answer above, into what classification would your industry fall AND WHY?
Pure Competition
Monopolistic Competition
Oligopoly
Monopoly. The concentration ratio, in economics, is a ratio that indicates the size of firms in relation to their industry as a whole. The concentration ratio indicates whether an industry is comprised of a few large firms or many small firms.
