which one: F = 0 or F = 300 , is a Lerner Index better indicator?
The second case, because profitts are lower.
None of these
The Lerner index is the same in both cases, so profits don’t matter.
The worst case, because profits are higher.
which one: F = 0 or F = 300 , is a Lerner Index better indicator?
The second case, because profitts are lower.
None of these
The Lerner index is the same in both cases, so profits don’t matter.
The worst case, because profits are higher.
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