Question
) Suppose that there are two industries, A and B. There are four firms in industry A with sales at $5 million, $2 million, $1
) Suppose that there are two industries, A and B. There are four firms in industry A with sales at $5 million, $2 million, $1 million, $1 million, , respectively. There are four firms in industry B with equal sales of $2.5 million for each firm.
(a) Please calculate the four firm concentration ratio (C4) for industry A. Please show your calculations.
(b) Please calculate the four firm concentration ratio (C4) for industry B.
(c) Please calculate the Herfindahl-Hirschman index for industry A. Please show your calculations.
(d) Please calculate the Herfindahl-Hirschman index for industry B. Please show your calculations.
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Public Relations
Authors: Tom Kelleher
1st Edition
0190201479, 9780190201470
