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Basic Question 4 of 4

In a perfectly competitive market, the Herfindahl Index would be:

A. 0
B. 1
C. 1000
D. 10,000

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes

Barnes

Learning Outcome Statements

identify the type of market structure within which a firm operates and describe the use and limitations of concentration measures

CFA® 2024 Level I Curriculum, Volume 1, Module 1.