The Minimum Value of the Herfindahl-Hirschman Index Is

question 164

Multiple Choice

The minimum value of the Herfindahl-Hirschman Index is

• A) -100.
• B) -1.
• C) approximately 0.
• D) 1.

---

Definitions:

Lowest Terms

The simplest form of a fraction, where the numerator and the denominator are reduced to their smallest possible values.

Mixed Numbers

Quantities that combine a whole number with a fraction less than one.

Lowest Terms

The simplest form of a fraction, with both the numerator and denominator reduced to their smallest possible numbers.

Fractions

A mathematical expression representing a part of a whole, usually in the form of a numerator and a denominator.