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

1 answer

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.