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The following are the respective numbers for the four-firm concentration ratio and Herfindahl index in an industry. Which set of numbers is most suggestive that
The following are the respective numbers for the four-firm concentration ratio and Herfindahl index in an industry. Which set of numbers is most suggestive that the industry is a monopoly? Multiple Choice 2 and 20 33 and 266 60 and 1,600 95 and 8,582
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