The Central Person from Whom the Degree of Each Relationship

question 18

Multiple Choice

The central person from whom the degree of each relationship is traced is referred to by the term:​

• A)​kindred
• B)​ancestor
• C)​totem
• D)​EGO

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Definitions:

Herfindahl Index

An index determining the level of market concentration by aggregating the squared market shares of all companies in the sector.

Market Share

The fraction of a market occupied by an individual company or product, often described by its percentage of aggregate sales in the market.

Herfindahl Index

A measure of market concentration used to determine the amount of competition among firms within an industry.

Market Shares

The share of sales within an industry attributed to a certain company.