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An industry commonly suggests using a markup factor or 8.8 to price goods. Find the industry Lerner Index. There are 5 firms with sales of
- An industry commonly suggests using a markup factor or 8.8 to price goods. Find the industry Lerner Index.
- There are 5 firms with sales of firm 1 = $5 million, firm 2 = $6 million, firm 3 = $15 million, and the remaining two firms have $6 million each. Firm 1 and Firm 2 wish to merge. How much does the Herfindahl Hirschman Index (HHI) change if the two firms are allowed to merge?
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Foundations of Business
Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor
6th edition
1337386928, 9781337670975 , 978-1337386920
