Examlex
When Britain began to consider independence for India, what was the demand of the Muslim minority there?
Market Power
The ability of a firm or group of firms to manipulate the price of goods or services in the market due to lack of competition or control over a significant portion of the market supply.
Herfindahl Indexes
Measures of market concentration and competition, calculated as the sum of the squares of the market shares of all firms in an industry.
Herfindahl Index
A measure of market concentration that calculates the sum of the squares of the market shares of all firms in the industry.
Market Shares
The portion of a market controlled by a particular company, expressed as a percentage of total sales within that market.
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