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You know by now the different measures that are used to gauge the level of competition in a market. Information on concentration ratios and Herfindahl index are provided by the U.S Census Bureau, at http://www.census.gov/econ/concentration.html. This week, you will use these measures - plus your better understanding of market structures to revisit your examples of Oligopoly and Monopolistic Competition..

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You know by now the different measures that are used to gauge the level of competition in a market. Information on concentration ratios and Herfindahl index are provided by the U.S Census Bureau, at http://www.census.gov/econ/concentration.html. This week, you will use these measures - plus your better understanding of market structures to revisit your examples of Oligopoly and Monopolistic Competition.

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  • 1. You know by now the different measures that are used to gauge the level of competition in a market. Information on concentration ratios and Herfindahl index are provided by the U.S Census Bureau, at http://www.census.gov/econ/concentration.html. This week, you will use these measures - plus your better understanding of market structures to revisit your examples of Oligopoly and Monopolistic Competition.