Facial tissue Company % share 3. The following table gives US market share data in percentages...
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Facial tissue Company % share 3. The following table gives US market share data in percentages for three paper product markets in 1994. Toilet paper Company % share Paper towels Company % share Kimberly-Clark 48 Proctor & Gamble 30 Proctor & Gamble 37 Proctor & Gamble 30 Scott 20 Scott 18 Scott 7 James River 16 James River 12 Georgia Pacific 6 Georgia Pacific 12 Georgia Pacific 11 Other 9 Kimberly-Clark 5 Kimberly-Clark 4 Other 16 Other 18 a) Calculate the four-firm concentration ratio for each industry. b) Calculate each industry's HHI. c) Which industry do you think exhibits the most concentration? Facial tissue Company % share 3. The following table gives US market share data in percentages for three paper product markets in 1994. Toilet paper Company % share Paper towels Company % share Kimberly-Clark 48 Proctor & Gamble 30 Proctor & Gamble 37 Proctor & Gamble 30 Scott 20 Scott 18 Scott 7 James River 16 James River 12 Georgia Pacific 6 Georgia Pacific 12 Georgia Pacific 11 Other 9 Kimberly-Clark 5 Kimberly-Clark 4 Other 16 Other 18 a) Calculate the four-firm concentration ratio for each industry. b) Calculate each industry's HHI. c) Which industry do you think exhibits the most concentration?
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