Find largest value that herfindahl index could possibly take


Suppose that the most popular car dealer in your area sells 2.50 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Find largest value that herfindahl index could possibly take
Reference No:- TGS045292

Expected delivery within 24 Hours