1. There are 10 firms in an industry, and each firm has a market share of 10...
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1. There are 10 firms in an industry, and each firm has a market share of 10 percent. The industry’s Herfindahl index is [LO12.1]
a. 10
b. 100
c. 1000
d. 10,000
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Related Book For 
Microeconomics
ISBN: 9781108420969
15th Canadian Edition
Authors: Campbell R. Mcconnell, Stanley L. Brue, Sean M. Flynn, Thomas P. Barbiero
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