In a monopolisitically competitive industry the four-firm, Ask an Expert

Economics

In a monopolisitically competitive industry, the four-firm concentration ratio would be:

High, and the Herfindahl index would be high

High, and the Herfindahl index would be low

Low, and the Herfindahl index would be high

Low, and the Herfindahl index would be low

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M966725

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