Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industrys HHI is 6,850. Is

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Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industry’s HHI is 6,850. Is this information sufficient to conclude that the aluminum market is more concentrated than market for refrigerators? Explain your answer.

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Microeconomics

ISBN: 978-1292079578

Global Edition 1st Edition

Authors: David Laibson, John List

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Question Posted: Dec 15, 2015 08:00 AM

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Suppose the refrigerator industry has an HHI of 2,500 while the aluminum industrys HHI is 6,850. Is

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An HHI of 2500 does not in itself mean that the market is highly concentrated For example ...View the full answer

Microeconomics

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