Question
The Federal Trade Commission (FTC) considers a Herfindahl index that is __________ to be representative of a moderately concentrated industry.
greater than 2,000
less than 1,000
between 1,000 and 1,800
greater than 1,800
greater than 2,000
less than 1,000
between 1,000 and 1,800
greater than 1,800
Answers
GPT-4o mini
The Federal Trade Commission (FTC) considers a Herfindahl index that is **between 1,000 and 1,800** to be representative of a moderately concentrated industry.