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tigry1 [53]
3 years ago
8

Suppose that the five firms in industry A have annual sales of 30, 30, 20, 10, and 10 percent of total industry sales. For the f

ive firms in industry B, the figures are 60, 25, 5, 5, and 5 percent. Calculate the Herfindahl index for each industry and compare their likely competitiveness.
Business
1 answer:
trapecia [35]3 years ago
6 0

Answer:

A=2,400

B=4,300

Explanation:

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