If the Herfindahl index is the same in two industries, we can conclude that:
A) the number of firms in each industry is the same.
B) the number of firms in the two industries is not the same.
C) the sum of the squared market shares of all firms is the same in the two industries.
D) there must be an identical distribution of market shares among the firms in the two industries.
E) there are only two firms in each industry.
Correct Answer:
Verified
Q124: In 1998,the U.S.Justice Department filed a suit
Q130: The largest value the Herfindahl index can
Q131: If a firm with a 10 percent
Q132: If there are only three firms in
Q137: Suppose a person serves on the boards
Q137: Under current guidelines, the U.S. Department of
Q138: The index that the U.S. government currently
Q139: There are six firms in Industry A.
Q144: A tight oligopoly refers to _
A)a single
Q156: According to William Shepherd's examination of competitive
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