Firm Market Share (%) A 40 B 30 C 20 D 5 E 5 Refer to the data. If Firm B merged with Firm E, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
Firm Market Share (%) A 40 B 30 C 20 D 5 E 5 Refer to the data. If Firm B merged with Firm E, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
Chapter12: Government And Product Markets: Antitrust And Regulation
Section: Chapter Questions
Problem 1WNG
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| Firm | Market Share (%) |
|---|---|
| A | 40 |
| B | 30 |
| C | 20 |
| D | 5 |
| E | 5 |
Refer to the data. If Firm B merged with Firm E, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
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