Multiple Choice
What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 5 percent, 10 percent, 15 percent, 20 percent, 25 percent, and 25 percent?
A) 100
B) 1,350
C) 1,375
D) 2,000
Correct Answer:
Verified
Correct Answer:
Verified
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