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Author Question: Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must ... (Read 165 times)

bobthebuilder

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on: Jul 20, 2019
Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must be true of these two markets?
◦ The firms in the market in which the HHI is 1,500 have less market power than do the firms in the market in which the HHI is 500.
◦ There are more firms in the market in which the HHI is 1,500 than in the market in which the HHI is 500.
◦ The market in which the HHI is 500 is, by definition, an oligopoly but the market in which the HHI is 1,500 is not an oligopoly.
◦ The firms in the market in which the HHI is 1,500 have greater market power than do the firms in the market in which the HHI is 500.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by bobthebuilder on Jul 20, 2019

brittanywood

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobthebuilder

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Reply #2 on: Jul 20, 2019
Thank you!


brittanywood

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Reply #3 on: Jul 20, 2019
Always glad to help...


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