Multiple Choice
If enforcement of antitrust laws caused the two largest firms in this table to be divided in half, with each half having equal market share, the industry's four-firm concentration ratio would ____ and its Herfindahl index would ____.
A) fall; fall
B) fall; rise
C) remain the same; rise
D) remain the same; fall
Correct Answer:
Verified
Correct Answer:
Verified
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