EBK ECON MICRO
6th Edition
ISBN: 9781337671828
Author: MCEACHERN
Publisher: CENGAGE LEARNING - CONSIGNMENT
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Question
Chapter 15, Problem 7P
To determine
The Herifindahl-Hirschman Index (HHI) for each of the following industries and the industry that is the most concentrated
- An industry with five firms with market shares: 50 percent, 30 percent, 10 percent, 5 percent, and 5 percent.
- An industry with five firms with market shares: 60 percent, 20 percent, 10 percent, 5 percent and 5 percent
- An industry with five firms, each having a 20 percent market share.
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EBK ECON MICRO
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