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Homework answers / question archive / 1)What is the effect of a lump-sum tax (which is like an additional fixed cost) on a monopoly? 2)The Herfindahl-Hirschman Index a) takes into account the market share of all the firms in the market

1)What is the effect of a lump-sum tax (which is like an additional fixed cost) on a monopoly? 2)The Herfindahl-Hirschman Index a) takes into account the market share of all the firms in the market

Marketing

1)What is the effect of a lump-sum tax (which is like an additional fixed cost) on a monopoly?

2)The Herfindahl-Hirschman Index

a) takes into account the market share of all the firms in the market.

b) is equal to 10,000 for a market with an infinite number of small firms.

c) is equal to 0 for a market that is an effective monopoly.

d) is smaller the more unequal the market shares of a group of firms is negatively correlated with the concentration ratio.

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