The top eight firms in an industry control 15%, 10%, 9%, 8%, 7%, 6%, 5%, and 4% of the industry. What is the four-firm concentration ratio?
A) 15
B) 42
C) 64
D) 100
Correct Answer:
Verified
Q158: The _ measures the share of industry
Q159: Government regulators calculate the share of industry
Q160: The _ measures industry concentration using all
Q161: A four-firm industry with market shares equal
Q162: The maximum Herfindahl-Hirschman Index is
A) 100.
B) 1,000.
C)
Q164: The Herfindahl-Hirschman Index
A) is the equivalent of
Q165: The Herfindahl-Hirschman Index of a pure monopoly
A)
Q166: The principal measure of concentration used by
Q167: If an industry is made up of
Q168: Assume that Coca-Cola has a market share
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents