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Author Question: Industry A has four firms that each control 25 percent of the market. Industry B has six firms, ... (Read 138 times)

bobbie

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Question 1

.A pure monopoly has a HHI value of


◦ 1,000.
◦ 5,000.
◦ 10,000.
◦ 100,000.

Question 2

Industry A has four firms that each control 25 percent of the market. Industry B has six firms, where one firm controls 50 percent of the market and the other five firms control 10 percent of the market each. According to the HHI, which industry is more concentrated?


◦ Industry A
◦ Industry B
◦ Both industries are equally concentrated.
◦ indeterminate from the given information.


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Marked as best answer by bobbie on Apr 19, 2019

elyse44

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elyse44

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