If enforcement of antitrust laws caused the two largest firms in this table to be divided in half, with each half having equal market share, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
Definitions:
Expected Returns
The anticipated average return of an investment over a certain period, taking into account both the probability and the impact of all possible outcomes.
Corresponding Weights
The respective importance or influence assigned to components within a mathematical formula or financial model.
Probability Distribution
A mathematical representation that enumerates all possible values and the likelihood of each for a random variable within a determined boundary.
Coefficient Of Correlation
A statistical measure that calculates the strength and direction of the relationship between two variables.
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