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Suppose the Herfindahl indexes for industries A, B, and C are 850, 1,212, and 4,260, respectively. These data imply that market power is greatest in

Suppose the Herfindahl indexes for industries A, B, and C are 850, 1,212, and 4,260, respectively. These data imply

that market power is greatest in industry A.

that market power is greatest in industry B.

that market power is greatest in industry C.

nothing about the degree of concentration across the three industries.

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