If You Have Found the Percentage of the Value of Total

question 64

Multiple Choice

If you have found the percentage of the value of total revenue accounted for by the four largest firms in an industry,you have found the

• A) elasticity of demand value.
• B) elasticity of supply value.
• C) Herfindahl-Hirschman Index.
• D) four-firm concentration ratio.
• E) monopolistic concentration index.