Business

Jaylen Jenkins

16 April, 13:02

Suppose the herfindahl indexes for industries a, b, and c are 7,200, 5,000, and 1,500, respectively. these data imply multiple choice that market power is greatest in industry

c. that market power is greatest in industry

b. that market power is greatest in industry

a. nothing about the degree of concentration across the three industries.

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