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Author Question: Firm Market Share (percent)Firm W30Firm X20Firm Y10Firm Z5 A market has 4 firms in it. The market ... (Read 408 times)

Melani1276

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on: May 24, 2019

Firm Market Share (percent)
Firm W30
Firm X20
Firm Y10
Firm Z5

A market has 4 firms in it. The market shares are in the table above. The table represents a(n) ________ market because its ________.
◦ competitive; Herfindahl-Hirschman Index (HHI) equals 1,425
◦ competitive; four-firm concentration ratio equals 65 percent
◦ uncompetitive; Herfindahl-Hirschman Index (HHI) equals 65 percent
◦ perfectly competitive; Herfindahl-Hirschman Index (HHI) is less than 1,500
◦ uncompetitive; four-firm concentration ratio exceeds 60 percent
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Melani1276 on May 24, 2019

Toya9913

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Reply #1 on: May 24, 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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Melani1276

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Reply #2 on: May 24, 2019
Excellent


Toya9913

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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