Suppose a market has 10 suppliers, each of them with 10 percent of the market. What are

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Suppose a market has 10 suppliers, each of them with 10 percent of the market. What are the concentration ratio and the HHI of the top four firms?

A. Concentration ratio 4 percent and HHI 40

B. Concentration ratio 40 percent and HHI 0.4

C. Concentration ratio 40 percent and HHI 0.04.

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2024 CFA Program Curriculum Level I Volume 1

ISBN: 9781953337672

1st Edition

Authors: CFA Institute

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Question Posted: Feb 01, 2024 08:03 AM

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Suppose a market has 10 suppliers, each of them with 10 percent of the market. What are

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C is correct The concentr...View the full answer

2024 CFA Program Curriculum Level I Volume 1

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