Author Question: When small firms in a concentrated industry merge, it will increase the Herfindahl-Hirshman Index ... (Read 57 times)

ec501234 · **on:** Jun 30, 2018

When small firms in a concentrated industry merge, it will increase the Herfindahl-Hirshman Index but not change the four firm concentration ratio.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Asset specificity means lower costs of redeployment and lower risks of opportunism associated with a contract.
Indicate whether the statement is true or false