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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