An industry with four firms each having a 25% market share would have a Herfindahl-Hirschman Index (HHI) of
A) 25.
B) 100.
C) 250.
D) 1,000.
E) 2,500.
Correct Answer:
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A)The most
A)100
B)1,000
C)10,000
D)100,000
A)When we