问题 单项选择题

Which of the following concentration ratios are most likely to be associated with a perfectly competitive industryFour-firm concentration ratio Herfindahl-Hirschman Index() ①A.125 1000 ②B.85 25 ③C.25 100

A. ①

B. ②

C. ③

答案

参考答案:C

解析:

The four-firm concentration ratio can range from zero to 100 percent. The Herfindahl-Hirschman Index has a theoretical range of near zero to 10000. As the level of competition increases, the value of either of the concentration measures decreases. A perfectly competitive market is a market characterized by relatively low concentration measures.

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