Author Question: Based on the above table, which shows the firms and sales in an industry, what is the approximate ... (Read 83 times)

swpotter12 · **on:** Jun 29, 2018

Based on the above table, which shows the firms and sales in an industry, what is the approximate value of the Herfindahl-Hirschman Index?

A) 1,660
B) 2,300
C) 4,800
D) 10,000

Question 2

Based on the above table, which shows the firms and sales in an industry, what is the four-firm concentration ratio?

A) 55
B) 74
C) 100
D) 740 million