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The Following Three FIs Dominate a Local Market and Their

Question 14

Multiple Choice

The following three FIs dominate a local market and their total assets are given below. The following three FIs dominate a local market and their total assets are given below. What is the Herfindahl-Hirschman Index (HHI) for the local market? A) 1,000. B) 3,450. C) 3,550. D) 3,400. E) 60. What is the Herfindahl-Hirschman Index (HHI) for the local market?


A) 1,000.
B) 3,450.
C) 3,550.
D) 3,400.
E) 60.

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