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An industry consists of three firms with sales of $230,000, $760,000, and $200,000. a. Calculate the Herfindahl-Hirschman index. b. calculate the four-firm concentration ratio(C4).
An industry consists of three firms with sales of $230,000, $760,000, and $200,000. a. Calculate the Herfindahl-Hirschman index. b. calculate the four-firm concentration ratio(C4).
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
