In the U

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In the U.S. medical device manufacturing sector, the recent market shares of the largest firms are as follows: Medtronic PLC (40.2%), General Electric Company (20%), Abbott Laboratories (9.8%), Johnson and Johnson (5.5%), and Boston Scientific Corporation (4.5%), with all other companies having a combined share of 20.0%. Based on this information, what is true about this sector?

a. The C4 ratio is 80%

b. The C4 ratio is 75.5%

c. The C4 ratio is 40.2%

d. The HHI is about 2562