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

question 196

Multiple Choice

If the four-firm concentration ratio in an oligopolistic five-firm industry is 80 percent, and each firm has an equal percentage of sales, the Herfindahl index is

• A) 8,000.
• B) 2,000.
• C) 2,500.
• D) 1,600.

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