Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 2 of 4
Consider three firms in industry X. 
B. 2.27
C. 3
The market structure is equivalent to having ______ firms of the same size.
A. 0.4
B. 2.27
C. 3
User Contributed Comments 1
| User | Comment |
|---|---|
| AyshaAli | Take the reciprocal of the H consitration to find the average concentration of each firm. |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
identify the type of market structure within which a firm operates and describe the use and limitations of concentration measures
CFA® 2025 Level I Curriculum, Volume 1, Module 1.