The Herfindahl-Hirschman Index (HHI) will increase the most in an industry when a. one large firm merges
Question:
The Herfindahl-Hirschman Index (HHI) will increase the most in an industry when
a. one large firm merges with another large firm.
b. one large firm merges with a small firm.
c. two small firms merge.
d. a large firm separates into two firms.
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