[Answered] Based on the above table, which shows the firms and sales in an industry, what is the approximate ...

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swpotter12

Hero Member
Posts: 527

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

Sr. Member
Posts: 312

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

B

swpotter12

Member
Posts: 527

Reply 2 on: Jun 29, 2018

TYSM

hollysheppard095

Member
Posts: 339

Reply 3 on: Yesterday

Wow, this really help

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