Industry is highly concentrated-firm concentration ratio

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Which industry is more highly concentrated: one with a Herfindahl index of 1,200 or one with a four-firm concentration ratio of 55 percent?

Both have the same concentration, just stated differently.

It is impossible to say.

The industry with a four-firm concentration ratio of 55 percent.

The industry with a Herfindahl index of 1,200.

Reference no: EM13796763

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