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    Exam 7: The Nature of Industry
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    As a General Rule of Thumb,industries with a Herfindahl Index
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As a General Rule of Thumb,industries with a Herfindahl Index

Question 24

Question 24

Multiple Choice

As a general rule of thumb,industries with a Herfindahl index below ______ are considered to be competitive,while those above ______ are considered noncompetitive.


A) 1,000, 1,800
B) 1,800, 1,000
C) 1,000, 3,000
D) 1,800, 3,000

Correct Answer:

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