What Would the Herfindahl-Hirschman Index Equal for an Industry Consisting

question 101

Multiple Choice

What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 40%, 30%, 20%, 5%, 3%, and 2%?

• A)0.95 
• B)2.934 
• C)2,938 
• D)10,000

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