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Anonymous
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What is concentration ratio

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  1. eAnswers Team

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    Added an answer on December 20, 2018 at 4:24 am

    According to economics, concentration ratio can be defined as resultant that industry achieves by giving a number of firms in that particular industry. The most used concentration ratio is CR4 and CR8. Here, 4 indicates the market share of firm and 8 indicates the 8 largest firms.

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