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Harrizon [31]
3 years ago
15

Suppose market share for an industry is divided among eight companies in the following manner:

Business
1 answer:
Dahasolnce [82]3 years ago
8 0

Answer:

16.28

72%

Explanation:

Herfindahl index = the Herfindahl index is found by squaring the each firms market share and adding them together.

= 676 + 400 +225 +121 +81 + 64 + 36 + 25 = 1628% = 16.28

The four firm concentration is found by adding the marker share of the top 4 firms in the industry = 26% + 20% + 15% + 11% = 72%

I hope my answer helps you

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