12. Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industrys HHI is 6,850.

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12. Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industry’s HHI is 6,850. Is this information sufficient to conclude that the aluminum market is more concentrated than the market for refrigerators? Explain your answer.

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Macroeconomics

ISBN: 9780134492056

2nd Edition

Authors: Daron Acemoglu, David Laibson, John List

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