If enforcement of antitrust laws caused the two largest firms in this table to be divided in half, with each half having equal market share, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
A) fall; fall
B) fall; rise
C) remain the same; rise
D) remain the same; fall
Correct Answer:
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Q132: In which set of market models are
Q133: Q134: Mergers of firms in an industry tend Q135: Q136: A firm in an oligopoly is similar Q138: In the U.S. market, people often refer Q139: A major characteristic of oligopolistic firms is 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
