-According to the Herfindahl-Hirschman Index,which Is the More Concentrated Industry

question 20

Multiple Choice

$~~~~~{ \text { Industry } \mathbf { X } } ~~~~~~~~~~~~~ { \text { Industry } \mathbf { Y } } \\\begin{array} { c c c c } & \text { Market }& & { \text { Market } } \\\text { Firm } &\text { Share } & \text { Firm } & \text { Share } \\1 & .40 & 1 & .30 \\2 & .20 & 2 & .30 \\3 & .10 & 3 & .30 \\4 & .10 & 4 & .05 \\5 & .10 & 5 & .03 \\6 & .10 & 6 & .02\end{array}$
-According to the Herfindahl-Hirschman Index,which is the more concentrated industry?

• A)Industry X with an index of 2,400.
• B)Industry Y with an index of 2,738.
• C)Both industries have the same indices.
• D)There is no way to determine the Herfindahl Indices of these industries with this data.

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Definitions:

GnRH

Gonadotropin-releasing hormone, a peptide hormone secreted by the hypothalamus that stimulates the anterior pituitary to release gonadotropins, which in turn regulate reproduction.

FSH

Follicle-stimulating hormone, a hormone secreted by the pituitary gland that plays a key role in human reproductive processes.

Human Chorionic Gonadotropin

A hormone produced by the placenta after implantation, often measured in pregnancy tests.

Fetal Testes

The male reproductive organs in a fetus, responsible for producing testosterone, which is crucial for male sexual development.