Multiple Choice
What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 40 percent, 30 percent, 20 percent, 5 percent, 3 percent, and 2 percent?
A) 0.95
B) 2.934
C) 2,938
D) 10,000
Correct Answer:
Verified
Correct Answer:
Verified
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