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If an Industry Were Perfectly Competitive, the Four-Firm Concentration Ratio

Question 37

Multiple Choice

If an industry were perfectly competitive, the four-firm concentration ratio would be close to ________ and the Herfindahl-Hirschman index would be close to ________.


A) 0; 0
B) 0; 100
C) 100; 0.
D) 100; 100.

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