For the next several questions, consider the market for a type of medical implant used to treat pain conditions.
September 3, 2020
Wealth is redistributed from creditors to debtors when inflation was expected to be: high and it turns out to be high B. low and it turns out to be…
September 3, 2020

One advantage of the Herfindahl index over the concentration ratio is that it:

tells about only the top 50 firms in an industry.

takes into account only the leading firms in an industry.

is easier to calculate.

gives extra weight to firms that are especially large.

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