Question
The COO hands you the following information about market share in a competing industry: Firm Market Share (%) ================================== Z 11% Y 10 X 8
The COO hands you the following information about market share in a competing industry:
Firm Market Share (%)
==================================
Z 11%
Y 10
X 8
W 6
V 3
U 2
T 2
58 other firms 1% each
What is the HHI for this competing industry? Does the industry favor competition or concentration (heavy or moderate)? How do you know?
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Environmental And Natural Resource Economics International Edition
Authors: Thomas H Tietenberg, Lynne Lewis
10th Edition
1292060794, 9781292060798
