Question
MC Qu. 13-36 (Algo) Refer to the data. Suppose that... Firm Market Share (%) A 30 B 22 C 18 D 17 E 7 F
MC Qu. 13-36 (Algo) Refer to the data. Suppose that...
| Firm | Market Share (%) |
|---|---|
| A | 30 |
| B | 22 |
| C | 18 |
| D | 17 |
| E | 7 |
| F | 6 |
Refer to the data. Suppose that firms in this industry split up such that there were 50 firms, each with a 2 percent market share. The four-firm concentration ratio and the Herfindahl index respectively would be
Multiple Choice
- 8 percent and 8.
- 8 percent and 200.
- 100 percent and 10,000.
- 200 percent and 16.
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Principles Of Macroeconomics
Authors: N Gregory Mankiw
8th Edition
1305971507, 9781305971509
