Which statement is true? a) The higher the Herfindahl Hirschman index, the higher the degree of

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Which statement is true?

a) The higher the Herfindahl – Hirschman index, the higher the degree of concentration.

b) The lower the Herfindahl – Hirschman index, the higher the degree of concentration.

c) The Herfindahl – Hirschman index remains constant as the degree of concentration rises.

d) There is no relationship between the Herfindahl – Hirschman index and the degree of co n centration.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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