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    Principles of Microeconomics
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    Exam 12: Price and Output Determination Under Oligopoly
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    -In Exhibit L-2, the Table Shows the Market Shares of Five
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-In Exhibit L-2, the Table Shows the Market Shares of Five

Question 31

Question 31

Multiple Choice

  -In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. The HHI in industry III is A)  20 percent B)  20 C)  4,050 D)  1,600 E)  80 percent
-In Exhibit L-2, the table shows the market shares of five firms that operate in three different industries. The HHI in industry III is


A) 20 percent
B) 20
C) 4,050
D) 1,600
E) 80 percent

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