Answer:
Number of firms |
Market Share(S) |
S^2 |
8 |
10% |
100 |
2 |
5% |
25 |
10 |
1% |
1 |
HHI = 8*100 + 2*25 + 10*1 = 800 + 50 + 10 = 851
6201-ECON-2302-PRINCIPLES OF MICROECONOMICS-SS-16496 11.1 Corporate Mergers - Define and calculate the Herfindahl-Hirschman Index Question What is...