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    The Herfindahl Index

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    What are the advantages of the Herfindahl index over concentration ratios in measuring the degrees of concentration in an industry? (b) What is the disadvantage of both?

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    https://brainmass.com/economics/monopolies/herfindahl-index-312195

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    (a) The advantage of Herfindahl index over concentration ratios is that it takes into account the full market while ...

    Solution Summary

    The Herfindahl Index benefits are presented.

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