According to the herfindahl-hirschmann sum of the squares


According to the Herfindahl-Hirschmann sum of the squares, in an industry with the top four firms with a market share of 25, 30, 10, and 15 respectively. What would the resulting concentration ratio be? Is this considered to be a competitive industry?

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Business Economics: According to the herfindahl-hirschmann sum of the squares
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