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Business, 23.03.2021 03:40 jackie1013fusse

Suppose an industry A is made of four identical firms with the same level of sales. Calculate the Herfindahl-Hirschman index (HHI) of the industry A. Now, assume another industry B consists of three firms with sales of $100,000 $300,000 and $600,000. b. Calculate the Herfindahl-Hirschman index (HHI) of industry B. c. Calculate the four-firm concentration ratio (C4) of industry B.

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Suppose an industry A is made of four identical firms with the same level of sales. Calculate the He...
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