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Question
Which of the following combinations of characteristics would most strongly suggest that a particular firm is in a competitive market and does not have much market power? The industry HHI is high, and the firm's Rothschild index is high. The firm's Rothschild index is low and its Lerner index is low. The industry 4-firm concentration ratio is high and the firm's Lerner index is high. The industry Dansby-Willig performance index is low and the firm's stock price is low.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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