A Herfindahl-Hirschman Index Is Calculated by

question 161

Multiple Choice

A Herfindahl-Hirschman Index is calculated by

• A)summing the amount of sales by the four largest firms and dividing by total industry sales.
• B)dividing the number of firms wanting to merge by the total number in the industry.
• C)summing the squares of the market shares of each firm in the industry.
• D)dividing the advertising expenditures of the firms that want to merge by total industry advertising expenditures.

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