An industry consists of three firms with sales of 310000
An industry consists of three firms with sales of $310,000, $725,000, and $405,000.
a. Calculate the Herfindahl-Hirschman index (HHI).
Instruction: Round to the nearest integer.
b. Calculate the four-firm concentration ratio (C4).
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an industry consists of three firms with sales of 310000 725000 and 405000a calculate the herfindahl-hirschman index
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