Question: table [ [ Firm , Market Share ( % ) ] , [ A , 2 0 ] , [ B , 2 0

\table[[Firm,Market Share (%)],[A,20],[B,20],[C,20],[D,20],[E,10],[F,10]]
Refer to the data. Suppose that firms in this industry split up such that there were 100 firms, each with a 1 percent market share. The four-firm concentration ratio and the Herfindahl index respectively would be
Multiple Choice
100 percent and 10,000.
4 percent and 100.
100 percent and 16.
4 percent and 4.
\ table [ [ Firm , Market Share ( % ) ] , [ A , 2

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