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lana [24]
2 years ago
13

Suppose that three firms make up the entire bicycle manufacturing industry. one has a 60% market share, and the other two have a

20% market share each. the herfindahl-hirschman index of this industry is. a new firm, abe's bikes, enters the bicycle manufacturing industry and immediately captures a 20% share of the market. this would cause the herfindahl-hirschman index for the industry to .
Business
1 answer:
Dvinal [7]2 years ago
6 0

Answer:

60

Explanation:

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