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Business, 18.04.2020 01:41 MaKynsi

Suppose that the five firms in industry A have annual sales of 30, 30, 20, 10, and 10 percent of total industry sales. For the five firms in industry B, the figures are 60, 25, 5, 5, and 5 percent. Calculate the Herfindahl index for each industry and compare their likely competitiveness.

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Suppose that the five firms in industry A have annual sales of 30, 30, 20, 10, and 10 percent of tot...
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