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In region C, there are 3 hospitals, C1 , C2, and C3. We know that C1's...

In region C, there are 3 hospitals, C1 , C2, and C3.

We know that C1's share is 30%. C2 and C3 occupy the other 70%.

What is the HHI in region C?

a. 0.59

b. 0.2125

c. 0.3

d. none of the above

e. not enough information for us to compute

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Answer #1

It can actually be mentioned that HHI is the sum of the squares of percentage share of individual organization in an industry. Here it is not possible to calculate HHI in this is because of the fact that the share of C1 is given but 8000 of C2 and c3 are given combined manner and this is not possible because the share of the industry should be given individually and only then HHI can be calculated

Therefore (e) is the answer to this question

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