The Herfindahl-Hirschman Index Is Calculated by ________

question 249

Multiple Choice

The Herfindahl-Hirschman Index is calculated by ________.

• A) adding the market share of each firm in the market and squaring the resulting number
• B) squaring the market share of each firm competing in the market and then summing the resulting numbers
• C) adding the number of firms in the market and squaring the resulting number
• D) adding the profit earned by each firm in the market

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