Multiple Choice
To calculate the Herfindahl-Hirschman index (HHI) ,one must _____ market share(s) of _____ in the industry.
A) sum the;the four largest firms
B) sum the;all of the firms
C) divide the;the largest firm by the sum of the four largest firms
D) sum the squared;all of the firms
Correct Answer:
Verified
Correct Answer:
Verified
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