Social Studies, 03.08.2020 14:01 anggar20

An industry has 5 firms, and is found to have violated antitrust laws. The government breaks it up into 10 firms that will share the market equally. As a result of this government action, the Herfindahl index for the industry would change from:
to
.

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An industry has 5 firms, and is found to have violated antitrust laws. The government breaks it up i...