Examlex
The statement of the null hypothesis always contains an equality.
Herfindahl Index
A measure of market concentration, calculated by summing the squares of the market shares of all firms in the industry.
Market Power
The ability of a firm or group of firms to influence the price or control the supply of a product or service in the market.
Herfindahl Index
A measure of market concentration used to evaluate the level of competition within an industry, calculated by summing the squares of each firm's market share.
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