The minimum value of the Herfindahl-Hirschman Index is
A) -100.
B) -1.
C) approximately 0.
D) 1.
C
Economics
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Explain the relationship between the market interest rate and the amount of investment a firm will undertake
What will be an ideal response?
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Suppose a market with a Cournot structure has five firms and a market price elasticity of demand equal to -2. What is a Cournot firm's Lerner Index?
A) .1 B) .2 C) .5 D) 1
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