【每日一练】CFA 一级(2015年)
Question:
Six companies in an industry have the following market shares:
If Companies D and F merge into a new Company, G, the industry's three-company concentration ratio would be closest to:
A. 72%.
B. 74%.
C. 71%.
Answer = B
The concentration ratio for the top three companies would be 74%:
A (30%) + B (25%) + G (12% + 7%).
CFA Level I
“The Firm and Market Structures,” Richard G. Fritz and Michele Gambera
Section 7.2
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