Concentration rate and the herfindahl-hirschman index

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If a corporation operates in a highly competitive industry and competes against many other companies. In the last some years, many new companies have entered the industry and firm now earns a return on investment very close to prevailing interest rate. The four-firm concentration rate and the Herfindahl-Hirschman index are both low, but the Rothschild index is well above zero. What market structure best characterizes the described industry?

Reference no: EM1376294

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