Question
Suppose that the distribution of sales within an industry is as shown in the following table: Firm Share of Total Market Sales A 17 B
Suppose that the distribution of sales within an industry is as shown in the following table:
| Firm | Share of Total Market Sales |
| A | 17 |
| B | 12 |
| C | 13 |
| D | 10 |
| E | 10 |
| F | 10 |
| G | 8 |
| H | 7 |
| All others | 13 |
| Total | 100% |
There are 13 "All others" in the industry in the above table, each of which has a share of sales equal to 1 percent.
The value of the Herfindahl-Hirschman Index for this industry is
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Municipal Finances A Handbook For Local Governments
Authors: Catherine D. Farvacque-Vitkovic, Mihaly Kopanyi
1st Edition
082139830X, 978-0821398302
