To measure industry structure economists use the concentration ratio and the Herfindahl index. Descr
Question: To measure industry structure economists use the concentration ratio and the Herfindahl index. Describe each of these indexes. How is the Herfindahl Index used in making public policy? Why is the Herfindahl index the preferred index of market concentration in setting government policy? (3 points)
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Deliverables: Word Document
Deliverables: Word Document
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