Social Studies, 04.08.2020 14:01 kiannadgarnica

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...