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If the Four-Firm Concentration Ratio in an Oligopolistic Six-Firm Industry

Question 76

Multiple Choice

If the four-firm concentration ratio in an oligopolistic six-firm industry is 66.7 percent, and each firm has an equal percentage of sales, the Herfindahl index is


A) 6,667.
B) 1,668.
C) 400.
D) 2,000.

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