Industry X has four firms. The largest firm in Industry X has more than 90 percent of the market share. Industry Y also has four firms, but each of those four firms in Industry Y has 25 percent of the market share

The Herfindahl-Hirschman index will be A) the same for both industries, but the four-firm concentration will be larger for Industry Y than Industry X.
B) the same for both industries, but the four-firm concentration will be larger for Industry X than Industry Y.
C) larger for Industry Y than Industry X, but the four-firm concentration will be the same.
D) larger for Industry X than Industry Y, but the four-firm concentration will be the same.


D

Economics

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Economics