If an Industry Is Dominated by Three Large Producers Whose

question 105

Multiple Choice

If an industry is dominated by three large producers whose revenues represent 30%, 30%, and 30% of the market's total revenues with the remaining two firms each representing 5%, what would be the measure of the Herfindahl-Hirschman Index for this industry?

• A)2,725
• B)2,750
• C)9,975
• D)10,000
• E)none of the above

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