To calculate the Herfindahl index, a. add the market shares of ...

[Zulu123]

To calculate the Herfindahl index,
 a. add the market shares of all firms in an industry
  b. add the market shares of any four firms in an industry and then square them
  c. add the market shares of the four largest firms in an industry
  d. square the market shares of all firms in an industry and then add them
  e. square the market shares of the four largest firms in an industry and then add them

Question 2

Production of Hollywood movies is an increasing cost industry. Which of the following contributes the most to this condition?
 a. The demand for carpenters to build sets
  b. The demand for painters to paint the theaters
  c. The demand for printers to print tickets
  d. The cost of advertising for the shows
  e. The cost of hiring known box-office superstars

[tashiedavis420]

Answer to Question 1

D

Answer to Question 2

E