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    Managerial Economics and Business Strategy Study Set 1
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    Exam 7: The Nature of Industry
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    There Are Five Firms in an Industry
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There Are Five Firms in an Industry

Question 38

Question 38

Multiple Choice

There are five firms in an industry.You know sales of the four largest firms are $1,000,000,$500,000,$400,000,and $178,000.If the C4 ratio is 95 percent,then the HHI is:


A) 1,810.
B) 2,755.
C) 3,038.
D) 5,017.

Correct Answer:

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