In the Semantic Network Model, a Specific Category or Concept

question 24

Multiple Choice

In the semantic network model, a specific category or concept is represented at a

• A) link.
• B) input unit.
• C) node.
• D) output unit.

---

Definitions:

Herfindahl-Hirschman Index

A measure used to determine the level of competition within a market, calculated based on the sum of the squares of market shares of all firms within the market.

Market

A place or system in which commercial transactions occur between buyers and sellers for goods, services, or financial assets.

Herfindahl-Hirschman Index

A measure of market concentration that is calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers.

Squared Market Shares

A measure used in the analysis of market concentration, calculating each firm's market share squared and summing them to assess competitive environments.