1.2. Suppose there are 20 firms in an industry and each firm has a 5 percent market...

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1.2. Suppose there are 20 firms in an industry and each firm has a 5 percent market share.

What is the four-firm concentration ratio for this industry? What is the Herfindahl index?

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Economics

ISBN: 978-0324538014

8th Edition

Authors: Roger A Arnold

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