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Author Question: Listed in the above table are the total revenues for the firms in two different industries. Each ... (Read 54 times)

pragya sharda

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on: Jun 29, 2018
Listed in the above table are the total revenues for the firms in two different industries. Each industry has only eleven firms. Find the four-firm concentration ratio and the Herfindahl-Hirschman Index for each industry.
 
  What will be an ideal response?

Question 2

In a voluntary exchange,
 
  A) both parties tend to receive more in value than they give u


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wilsonbho

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

Industry A has a four-firm concentration ratio of 59 percent and a Herfindahl-Hirschman Index of 1,186. Industry B has a four-firm concentration ratio of 39 percent and Herfindahl-Hirschman Index of 914.

Answer to Question 2

A


pragya sharda

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Animal_Goddess

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Reply 3 on: Yesterday
Excellent

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