An industry consists of three firms with sales of 235000, Ask an Expert

Economics

An industry consists of three firms with sales of $235,000, $680,000, and $315,000.

a. Calculate the Her find a hl-Hirschman index (HHI).

Instruction: Round to the nearest integer.

b. Calculate the four-firm concentration ratio (C4).

c. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, is the Department of Justice likely to attempt to block a horizontal merger between two firms with sales of $235,000 and $315,000? (YES OR NO)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91568167

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