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Author Question: Based on the above table, which shows the firms and sales in an industry, what is the approximate ... (Read 158 times)

swpotter12

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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


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SamMuagrove

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


swpotter12

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

alexanderhamilton

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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