Use this table of market shares for questions 17-18 Firm Market Share 1 45 2 20 3
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Question:
Use this table of market shares for questions 17-18
Firm | Market Share |
---|---|
1 | 45 |
2 | 20 |
3 | 15 |
4 | 10 |
5 | 7 |
6 | 3 |
Question 17
The HHI index for this industry is:
Select one:
a.
2252
b.
2808
c.
2900
d.
2962
Question 18
If firm 5 and firm 6 merged, the new HHI index would be:
Select one:
a.
2250
b.
2300
c.
2850
d.
2950
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