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Food industry, Lerner Index = 0.26 and markup factor = 1.35 Tobacco industry,Lerner Index = 0.76 and markup factor = 4.17 Textiles industry, Lerner Index

Food industry, Lerner Index = 0.26 and markup factor = 1.35

Tobacco industry,Lerner Index = 0.76 and markup factor = 4.17

Textiles industry, Lerner Index = 0.21 and markup factor = 1.27

Apparel industry, Lerner Index = 0.24 and markup factor = 1.32

We have four different industries, explain how to interpret the HHI measure for each of the four industries chosen.

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