Multiple Choice
There are five firms in an industry.You know sales of the four largest firms are $800,000,$700,000,$440,000,and $230,000.If the C4 ratio is 80 percent,then the HHI is:
A) 1,810.
B) 2,271.
C) 4,338.
D) 5,191.
Correct Answer:
Verified
Correct Answer:
Verified
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