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Industry A has four firms The largest firm in Industry A has more than 90 percent of the market share. Industry B also has four firms but each of those four firms in Industry B has 25 percent of the

Industry A has four firms. The largest firm in Industry A has more than 90 percent of the market share. Industry B also has four firms, but each of those four firms in Industry B has 25 percent of the market share. The Herfindahl-Hirschman index will be 0 A. larger for Industry B than Industry A, but the four-firm concentration will be the same. ? ?, te same for both industries, but the four-firm concentration wil be larger for industry Y than Industry A 0 C. larger for Industry Athan Industry B, but the four-frm concentration will be the same. D· the same for both industries, but the four-firm concentration wil be larger for industry Athan Industry B.

Apr 02 2020 View more View Less

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