What Is Defined by the Number and Size Distribution of the Firms

question 6

Multiple Choice

What is defined by the number and size distribution of the firms in a market?

• A)Herfindahl index
• B)Market share
• C)Market structure
• D)SSNIP
• E)Numbers-equivalent of firms

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Definitions:

Directory

A form of government or administrative structure, specifically referencing the five-member committee that governed France from 1795-1799 during the later stages of the French Revolution.

Consulate

A government system or office where officials represent their country in a foreign city, chiefly dealing with administrative matters and assisting their nationals.

Authoritarian Character

A trait or demeanor characterized by strict obedience to authority at the expense of personal freedom, often found in leaders who exert absolute control over others.