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The following table shows the market share of all firms in the pharmaceutical industry: Firm Market Share A 15% B 5% C 30% D 20%
The following table shows the market share of all firms in the pharmaceutical industry:
| Firm | Market Share |
| A | 15% |
| B | 5% |
| C | 30% |
| D | 20% |
| E | 20% |
| F | 10% |
- Calculate the Herfindahl-Hirschman Index.
- What is the structure of the pharmaceutical industry? Explain your answer.
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
