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The Triple Bottom Line Process Involves the Measurement of Profits,costs

question 35

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The triple bottom line process involves the measurement of profits,costs and environment.

Describe and calculate the Herfindahl-Hirschman Index (HHI) and its implications for market concentration.
Comprehend the role of economies of scale as a source of oligopoly.
Identify the conditions under which collusion among firms might occur and its legal implications.
Explain the effects of cartel formation on output and profits in an oligopoly.

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