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A2. Define the Herfindahl-Hirschman index (HHI). Compute the HHI for the brewery industry. Show your computation. Market shares in the U.S. brewery (beer-manufacturing) industry are

A2. Define the Herfindahl-Hirschman index (HHI). Compute the HHI for the brewery industry. Show your computation. image text in transcribed

Market shares in the U.S. brewery (beer-manufacturing) industry are as follows. Brewery Anheuser-Busch Miller-Coors Constellation Heineken Pabst 2000 small companies Total Market Share (Percent) 40 23 11 4 2 each about 0.01 100

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