Question
There are 7 firms in a given market. Their respective market shares are the following: (s 1 ,...,s 7 ) = (10%, 5%, 30%, 5%,
There are 7 firms in a given market. Their respective market shares are the following:
(s1,...,s7) = (10%, 5%, 30%, 5%, 15%, 10%, 25%)
Determine the following market measure:
HHI = ...
3000 (or 0.3)
1500 (or 0.15)
10000 (or 1)
2000 (or 0.2)
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Auditing A Business Risk Approach
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
8th edition
978-0538476232
