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MC Qu. 13-32 (Algo) Assume the top six firms comprising... Assume the top six firms comprising an industry have market shares of 15, 9, 8,

MC Qu. 13-32 (Algo) Assume the top six firms comprising...

Assume the top six firms comprising an industry have market shares of 15, 9, 8, 7, 6, and 3 percent. The remaining 26 firms each have market shares of 2 percent. The Herfindahl index for this industry is

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  • 464.
  • 568.
  • 419.
  • 39.

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