Question
Let us consider a market composed by firms 4N={1,2,3,4,5}, with market sharess1=0.40,s2=0.20,s3=0.05,s4=0.10,s5=0.25, respectively. Compute the simple concentration ratiosC4and Hirschman - Herfindahl concentration indexHHI3. C4=0.95,HHI3=0.2625. C4=0.335,HHI3=0.9.
Let us consider a market composed by firms 4N={1,2,3,4,5}, with market sharess1=0.40,s2=0.20,s3=0.05,s4=0.10,s5=0.25, respectively. Compute the simple concentration ratiosC4and Hirschman - Herfindahl concentration indexHHI3.
C4=0.95,HHI3=0.2625.
C4=0.335,HHI3=0.9.
C4=0.7,HHI3=0.273.
C4=0.273,HHI3=0.7.
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Basic Economics
Authors: Frank V. Mastrianna
16th edition
1111826641, 978-0357706664, 978-1111826642
