Metadata
Business & Economics Graduate Remember Medium-
Subject
Business & Economics
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Education level
Graduate
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Cognitive goals
Remember
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Difficulty estimate
Medium
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Tags
market concentration, Herfindahl-Hirschman Index, HHI, CR4, concentration ratios, industrial organization
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Number of questions
5
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Created on
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Generation source
Fully autonomous and synthetic. Generation by GENO 0.1A using GPT-5-mini
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License
CC0 Public domain
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Prompt
Assess students' ability to compute and interpret standard market concentration measures — the Herfindahl‑Hirschman Index (HHI) and concentration ratios like CR4 — from provided firm market shares; include applying the HHI formula (sum of squared market shares in percent or decimal form), calculating CRn (sum of top n firms' shares), converting formats, comparing results to typical thresholds for competitive/oligopolistic/monopolistic markets, and recognizing basic limitations and uses.
Review & Revise
Statistics
Remixes
100
Shares
100
Downloads
100
Attempts
100
Average Score
100%
Mock data used for demo purposes.