Concentration Product Video game consoles Baby food Instant breakfast Largest Fi

Question

Concentration Product Video game consoles Baby food Instant breakfast Largest Firms Nintendo (Wii), Microsoft (Xbox), Sony (PlayStation) Gerber Products, Heinz, Beech-Nut Carnation, Pillsbury, Dean Foods VISX, Summit Technol Gen Corp (Penn). PepsiCo (Wilson), Dunlop, Spaldin Visa, MasterCard, American Express, Discover Procter & Gamble, Kimberly-Clark, Curity, Romar Tissue Mills Gillette, Warner-Lambert (Schick, Wilkinson), Bic, American Safety Razor PepsiCo (Gatorade), Coca-Cola, (PowerAde), Monarch (All Sport Google, Yahoo, Microsoft (MSN). AOL 100% 100 100 100 100 aser eye surqge ennis balls Credit cards Disposable diapers Razor blades Sports drinks Internet search engines Digital music players Scientific calculators 98 98 98 97 97 96 96 96 94 94 94 93 le. Sony, Microsoft, Real Networks Texas Instruments, Casio, Hewlett-Packard Altria, Reynolds American, Imperial, Liggett Norelco, Remington, Warner-Lambert, Sunbeam Johnson & Johnson, Kimberly-Clark, Procter & Gamble Duracell, Eveready, Ray-O-Vac, Kodak Google, Yahoo, Microsoft, AOL Wm. Wrigley. Pfizer, Hershe Coca-Cola, PepsiCo, Cadbury Schweppes 7-Up, Dr. Pepper, A&W;), Royal Crow arettes Electric razors Sanitary napkins Batteries eb search ads hewing gum Soft drinks Breakfast cereals ireless phone service 92 AT&T;, Verizon, Sprint, T-Mobile Hewlett-Packard, Epson, Canon, Lexmark Colgate-Palmolive, Procter & Gamble, Church & Dwight, Beecham Google, Microsoft, Mozilla AT&T;, Verizon, CenturyLink Procter & Gamble, Lever Bros., Dial, Colgate-Palmolive Sotheby's, Christie's Hallmark. American Greetings, Gibson Anheuser-Busch, PhilipMorris (Miller, Coors), Pabst, Yuen Campbell, Progresso oothpaste Internet browsers , Apple Detergents Art auctions 90 90 90 reeting cards Canned soup In how many markets do the top listed firms produce at least 99 percent of total output? Instructions: Enter your response as a whole number markets

Explanation / Answer

From the above table, it can be seen that the top listed firms produce at least 99 percent of total output in 7 markets. These markets and the top companies are:

1) Video Game Consoles: Nintendo, Microsoft, Sony

2) Baby Food: Gerber products, Heinz, Beech-Nut

3) Instant Breakfast: Carnation, Pillsbury, Dean Foods

4) Laser Eye Surgery: VISX, Summit Technology

5) Tennis Balls: Gen Corp, PepsiCo, Dunlop, Spalding

6) Credit Cards: Visa, MasterCard, American Express, Discover

7) Disposable Diapers: Procter and Gamble, Kimberley-Clark, Curity, Romar Tissue Mills

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