If the Five-Firm Concentration Ratio in an Oligopolistic Industry Is

question 17

Multiple Choice

If the five-firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal share of the market,the Herfindahl-Hirschman Index is

• A) 10,000.
• B) 2,500.
• C) 2,000.
• D) 400.

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