Consider the following industry with four firms Firm A has sales of $48651 Firm B has...
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Consider the following industry with four firms Firm A has sales of $48651 Firm B has sales of $39568 Firm C has sales of $89518 Firm D has sales of $80818 42 Calculate Herfindahl's index for this industry Note: Enter answer as a decimal between 0 and 1 (NOT between 0 and 10,000) to at least FOUR significant figures Consider the following industry with four firms Firm A has sales of $48651 Firm B has sales of $39568 Firm C has sales of $89518 Firm D has sales of $80818 42 Calculate Herfindahl's index for this industry Note: Enter answer as a decimal between 0 and 1 (NOT between 0 and 10,000) to at least FOUR significant figures
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To calculate the Herfindahls index for this industry we need to square the market sh... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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