What are concentration ratios?
Answer to relevant QuestionsIs the U.S. economy becoming more oligopolistic? What evidence supports your answer? Why do firms in oligopoly produce many brands of the same good? Suppose you read the 2004 Census of Manu factures in Canada and noted four-firm concen tration ratios and Herfindahl-Hirschman indexes for the following oligopolistic industries: Which one represents the most unbalanced oli ...Discuss the difference between fair pricing and marginal cost pricing in regulated industries. Randy Seals believes that if government relied on voluntary contributions instead of taxing people, it would be more acceptable and just as effective in obtaining revenues. Discuss.
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