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You need to caclulate a Hefindahl index. The only thing you know is that largest firm produces 50% of the full market quantity. What can
You need to caclulate a Hefindahl index. The only thing you know is that largest firm produces 50% of the full market quantity. What can you say about the index? HI > 2500 O HI < 2500 HI > 4000 O Hi< 4000
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