$~~~~~~~\text { Industry } X \quad~~~~~~~~~~~~~ \text { Industry } Y \quad~~~~~~~~~~~ \text { Industry } Z$

question 125

Multiple Choice

$~~~~~~~\text { Industry } X \quad~~~~~~~~~~~~~ \text { Industry } Y \quad~~~~~~~~~~~ \text { Industry } Z$
$\begin{array}{cccccc}&\text { Market } && \text { Market } && \text { Market }\\\text { Firm } & \text { Share (\%) } & \text { Firm } & \text { Share (\%) } & \text { Firm } & \text { Share (\%) } \\1 & 60 & 1 & 40 & 1 & 50 \\2 & 10 & 2 & 25 & 2 & 10 \\3 & 10 & 3 & 15 & 3 & 10 \\4 & 5 & 4 & 10 & 4 & 10 \\5 & 5 & 5 & 5 & 5 & 10 \\6 & 5 & 6 & 5 & 6 & 10\\7&5\end{array}$
-The highest Herfindahl-Hirschman Index

• A)is in Industry X.
• B)is in Industry Y.
• C)is in Industry Z.
• D)cannot be determineD.

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Definitions:

Parents

The caretakers and legal guardians of a child, responsible for their upbringing, support, and education.

Infants

Very young children, typically from birth to one year old, characterized by rapid physical and cognitive development.

Immigrants

Immigrants are people who have moved to a country other than their native one with the intention of settling there, often in search of better living conditions or job opportunities.

Economy

The system of production, distribution, and consumption of goods and services within a particular region or country.