Business, 15.05.2021 05:10 urgurlkitty

4. Both the concentration and Herfindahl indices computed by the U. S. Bureau of Census tends to overstate the actual level. In addition, they understate the degree of concentration in local markets (gasoline, for example). Explain why we make these statements.

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4. Both the concentration and Herfindahl indices computed by the U. S. Bureau of Census tends to ove...

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