Question
There are 3 firms operating in a product market with identical goods. Costs of setup have given them reasonable control over the market, such that
There are 3 firms operating in a product market with identical goods. Costs of setup have given them reasonable control over the market, such that Firm A has market share (Their Sales/Total Market Sales) of 32%, Firm B has share of 28%, and Firm C has share of 25%. What is the H-H Index of this trio? What does that indicate about the market setup?
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International Business Competing In The Global Marketplace
Authors: Charles Hill
14th Edition
1260387542, 9781260387544
