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Asking Advanced Students with a Deep Background in Physics to Name

question 14

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Asking advanced students with a deep background in physics to name a famous physicist whose name begins with a particular letter would likely yield:


Definitions:

Market Shares

The proportion of total market sales within an industry that is held by a specific company.

Herfindahl Index

A measure of market concentration used to determine the level of competition within an industry by summing the squares of the market shares for each firm.

Import Competition

The competitive pressure on domestic companies from foreign products and services entering the domestic market.

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