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Table 252 Refer to Table 25

Question 31

Multiple Choice

Table 25.2  Pool Sweeper  Output (Revenue)   Market Share (%)   North Star $20,000 Hurricarne $16,000 Blue Lagoon $2,000 Clean Sweep $2,000\begin{array} { | l | r | c | } \hline { \text { Pool Sweeper } } & \text { Output (Revenue) } & \text { Market Share (\%) } \\\hline \text { North Star } & \$ 20,000 & \\\hline \text { Hurricarne } & \$ 16,000 & \\\hline \text { Blue Lagoon } & \$ 2,000 & \\\hline \text { Clean Sweep } & \$ 2,000 & \\\hline\end{array} Refer to Table 25.2.Assume there are only four firms in the pool sweeper industry.What is the Herfindahl-Hirschman Index for this industry?


A) 2,500.
B) 50.
C) 4,150.
D) 4,125.

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