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Industry structure: a . What is the focal industry concentration in 1 9 8 9 ? Specifically, what is the HerfindahlHirschman index ( i .

Industry structure:
a. What is the focal industry concentration in 1989? Specifically, what is the HerfindahlHirschman index (i.e., number or 0.XYZ)? Show all computations.
b. Is the computed index exact or an approximation? Why?
c. What is the suggested threat of rivalry? Why?
d. What is the suggested industry structure using the 'short-cut' method? Why?
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