The Herfindahl index for an industry is 2,550. Which of the following sets of market shares and industry with four firms would produce such an index?
A) 20, 20, 30, and 30
B) 25, 25, 25, and 25
C) 20, 25, 25, and 30
D) 10, 20, 30, and 40
Correct Answer:
Verified
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