Question

If the four-firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal Herfindahl index is A) 1,000. B) 3,750. C) 10,000. D) 2,500.

Name: if the four firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal herfindahl index is a 1000 b 3750 c 10000 d 2500 74671
Uploaded: 2025-03-06T12:37:10-08:00
Duration: 1 min 30 s
Channel: Joanna Quigley
Description: if the four firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal herfindahl index is a 1000 b 3750 c 10000 d 2500 74671

          If the four-firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal
Herfindahl index is
A) 1,000.
B) 3,750.
C) 10,000.
D) 2,500.

if the four firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal herfindahl index is a 1000 b 3750 c 10000 d 2500 74671

Added by Carolina H.

Principles of Economics

Gregory Mankiw 8th Edition

Instant Answer

Solved by Expert Joanna Quigley

03/06/2025

Step 1

Since each firm has an equal percentage of sales, each firm has $\frac{100\%}{4} = 25\%$ of the sales. Show more…

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If the four-firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of sal Herfindahl index is A) 1,000. B) 3,750. C) 10,000. D) 2,500.