firms in an industry with an HHI of 6000 have bargaining po

firms in an industry with an HHI of 6,000 have ___ bargaining power than in an industry with an HHI of 1,000

a) more

b) less

c) roughly the same

d) can\'t be determined with this information

The correct answer is A. The Herfindal index is higher leads to a greater concentrated industry. Thus the market power will be larger and hence bargaining power will be greater. The correct answer is A.

$firms in an industry with an HHI of 6,000 have ___ bargaining power than in an industry with an HHI of 1,000 a) more b) less c) roughly the same d) can\'t be de$

firms in an industry with an HHI of 6000 have bargaining po

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