Six companies in an industry have the following market shares:
Company A B C D E F
Market Share (%) 30 25 16 12 10 7
If Companies D and F merge into a new Company, G, the industry’s three-company concentration ratio would be closest to:
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A.
71%.
B.
72%.
C.
74%.
71%.
B.
72%.
C.
74%.
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