Multiple Choice
-The above table shows the market shares for all the landscaping services in a suburban area. A merger between the three largest firms would
A) make the industry more competitive.
B) increase the four-firm concentration ratio and increase the Herfindahl-Hirschman Index (HHI) .
C) increase the four-firm concentration ratio and decrease the Herfindahl-Hirschman Index (HHI) .
D) decrease the four-firm concentration ratio and decrease the Herfindahl-Hirschman Index (HHI) .
Correct Answer:
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