As a general rule of thumb,industries with a Herfindahl index below ______ are considered to be competitive,while those above ______ are considered noncompetitive.

Question

Quizplus · Accepted Answer

The Herfindahl index is a measure of market concentration, and industries with a Herfindahl index below 1,000 are generally considered to be competitive, while those above 1,800 are considered to be noncompetitive.

As a General Rule of Thumb,industries with a Herfindahl Index