If there are five firms in an industry, each with a market share of 20 percent, the Herfindahl-Hirschman Index (HHI) of concentration is

A) 2000.
B) 400.
C) 100.
D) 20.

A

Economics

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A) production function B) production possibilities frontier C) Lucas Wedge D) inflation rate E) Okun Gap

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Describe the three ways that banks normally earn revenue

What will be an ideal response?

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