An Industry Consists of Five Firms with Annual Sales of $1,300,$500,$400,$100,and

Multiple Choice

An industry consists of five firms with annual sales of $1,300,$500,$400,$100,and $600.What is the industry's HHI?

A) 2,937
B) 5,654
C) 10,000
D) There is not sufficient information to compute the industry HHI.