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Author Question: What is the maximum value the HHI can take on? (Read 17 times)

karlynnae

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on: Apr 19, 2019

Question 1

Economists no longer attack industry concentration with the same fervor they once did because


◦ even firms in highly concentrated industries can be pushed to produce efficiently under certain market circumstances.
◦ the benefits of product differentiation and product competition are illusory.
◦ small firms do the most research in the United States.
◦ substantial economies of scale result in completely competitive market structures.

Question 2

What is the maximum value the HHI can take on?


◦ 1,000
◦ 5,000
◦ 10,000
◦ 100,000
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by karlynnae on Apr 19, 2019

cswans24

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Reply #1 on: Apr 19, 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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karlynnae

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Reply #2 on: Apr 19, 2019
Thanks


cswans24

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Reply #3 on: Apr 19, 2019
Welcome :)


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