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Part A )Assume an industry has 18 firms. Top two firms have the market share 10 percent each and rest of the sixteen firms have
Part A)Assume an industry has 18 firms. Top two firms have the market share 10 percent each and rest of the sixteen firms have market shares 5 percent each. Herfindahl index in this industry is equal to:
Part B) Assume an industry has 18 firms. Top two firms have the market share 10 percent each and rest of the sixteen firms have market shares 5 percent each. Four-firms concentration ratio in this industry is equal to:
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