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meikunn2565 meikunn2565
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4 years ago

Question 1.

.A pure monopoly has a HHI value of



▸ 1,000.

▸ 5,000.

▸ 10,000.

▸ 100,000.

Question 2.

Industry A has four firms that each control 25 percent of the market. Industry B has six firms, where one firm controls 50 percent of the market and the other five firms control 10 percent of the market each. According to the HHI, which industry is more concentrated?



▸ Industry A

▸ Industry B

▸ Both industries are equally concentrated.

▸ indeterminate from the given information.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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jeromet1jeromet1
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4 years ago
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meikunn2565 Author
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#2
4 years ago
Smart ... Thanks!
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