Describe the hypothetical monopoly test or ssnip test that
1. Describe the hypothetical monopoly test (or SSNIP test) that is used to define a market.
2. Give the definitions of the Lerner and Herfindahl indices. What are these measures used for?
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problems 11in 1939 with the us economy not yet fully recovered from the great depression president roosevelt proclaimed
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1 describe the hypothetical monopoly test or ssnip test that is used to define a market2 give the
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1 how does product differentiation relax price competition illustrate with examples2 how does the number
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