Firm Market Share (%) A 20 B 20
C 20
D 20
E 10
F 10
Refer to the data.Suppose that firms A and F merged into a single firm.The four-firm concentration ratio and the Herfindahl index would be
A) 90 percent and 2,100, respectively.
B) 80 percent and 2,100, respectively.
C) 100 percent and 2,200, respectively.
D) 90 percent and 2,200, respectively.
Correct Answer:
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