2. An industry consists of three firms with sales of $200,000, $500,000, and $400,000. a. Calculate the

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2. An industry consists of three firms with sales of $200,000, $500,000, and

$400,000.

a. Calculate the Herfindahl-Hirschman index (HHI).

b. Calculate the four-firm concentration ratio (C4).

c. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, do you think the Department of Justice would attempt to block a horizontal merger between two firms with sales of $200,000 and

$400,000? Explain.

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Managerial Economics And Business Strategy

ISBN: 9780073375960

7th Edition

Authors: Michael Baye

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Question Posted: Oct 07, 2024 07:03 AM

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2. An industry consists of three firms with sales of $200,000, $500,000, and $400,000. a. Calculate the

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Managerial Economics And Business Strategy

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