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Please refer as the attachment below a) C ompute the Herfindhal-Hirschman Index of the Malaysian telecommunications industry based on the given data. (3 marks) b)What
Please refer as the attachment below
a)Compute the Herfindhal-Hirschman Index of the Malaysian telecommunications industry based on the given data.
(3 marks)
b)What type of market structure is the telecommunications market ? What is the distinct behavior of firms in this kind of market in terms of pricing strategies?
(3 marks)
c)Discuss the characteristics of the telecommunications market in the context in Malaysia, by discussing (a) the number of firms in the market, (b) nature of the product, and (c) barriers to entry.
(9 marks)
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