LOS 12.e Flashcards
(4 cards)
1
Q
What is a firms concentration measures
A
It shows an indicator of market power
2
Q
What is the N-firm concentration ratio
A
It calculates the sun of the percentage market shares of the largest N firms in a market.
3
Q
What is the 4-firm HHI
A
The HHI is calculated as the sum of the squares of the market shares of the largest firms in the market shares of the largest firms in the market.
4
Q
A
