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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 happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

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.