9) Consider the market for soda as reported for 2002 from the problem set. Compute the HHI and the numbers equivalent. How would the FTC categorize the market structure? Exhibit 2 US Market Share 2002 Firm Coca-Cola Pepsico Cadbury Schweppes 15 Private Label Other Total Market Share 44 31 7 3 100
9) Consider the market for soda as reported for 2002 from the problem set. Compute the HHI and the numbers equivalent. How would the FTC categorize the market structure? Exhibit 2 US Market Share 2002 Firm Coca-Cola Pepsico Cadbury Schweppes 15 Private Label Other Total Market Share 44 31 7 3 100
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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