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What Is the Herfindahl-Hirschman Index If the Four Firms in an Industry

Question 38

Multiple Choice

What is the Herfindahl-Hirschman Index if the four firms in an industry account have market shares of 62 percent,15 percent,15 percent,and 8 percent?

A) 100
B) 4,358
C) 111,600
D) 2,822
E) 6,200

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