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kvv77 [185]
3 years ago
11

The herfindahl-hirschman index is the ________ of the percentage market share of each firm summed over the largest 50 firms in a

market.
Business
1 answer:
Ann [662]3 years ago
3 0
<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.

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