An industry consists of three firms with sales of $285,000,$615,000 , and $310,000 . a. Calculate the Herfindahl-Hirschman index (HHI) . Instruction: Round to the nearest integer. b. Calculate the four-firm concentration ratio (C 4 ) . c. Based on the FTC and DOJ Horizontal Merger Guidellnes described in the text, is the Departmen of Justice likely to attempt to block a horizontal merger between two firms with sales of $285.000 and $310.000

An industry consists of three firms with sales of $285,000,$615,000 , and $310,000 . a. Calculate the Herfindahl-Hirschman index (HHI) . Instruction: Round to the nearest integer. b. Calculate the four-firm concentration ratio (C 4 ) . c. Based on the FTC and DOJ Horizontal Merger Guidellnes described in the text, is the Departmen of Justice likely to attempt to block a horizontal merger between two firms with sales of $285.000 and $310.000

Microeconomics

13th Edition

ISBN:9781337617406

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter12: Government And Product Markets: Antitrust And Regulation

Section12.1: Antitrust

Problem 2ST

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