3. Industry A consists of four firms, each of which has an equal share of the market....

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3. Industry A consists of four firms, each of which has an equal share of the market.

a. Compute the Herfindahl-Hirschman index for the industry.

b. Industry B consists of 10 firms, each of which has an equal share of the market. Compare the Herfindahl–Hirschman Indexes for the two industries.

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Principles Of Microeconomics

ISBN: 9781843317708

1st Edition

Authors: Libby Rittenberg, Timothy Tregarthen

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