Multiple Choice
If a firm with a 10 percent market share merges with a firm with 15 percent of the market, by how much will the Herfindahl index change? The other firms have 40 percent, 15 percent, 10 percent, and 10 percent shares.
A) It rises by 100.
B) It rises by 300.
C) It falls by 200.
D) It falls by 250.
E) It rises by 25.
Correct Answer:
Verified
Correct Answer:
Verified
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