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Suppose a market has fourfour ​firms, each with 2525 percent market share. What is the​ Herfindahl-Hirschman Index​ (HHI) of concentration for this​ market? The HHI is nothing. ​(Enter your response as an​ integer.)

Answer :

Answer:

HHI= 2500

Explanation:

The Herfindahl index is a measure of the size of firms in relation to the industry and an indicator of the amount of competition among them. Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely applied in competition law, antitrust and also technology management

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Answer:

HHI= 2500  

Explanation: The Herfindahl index is a measure of the size of firms in relation to the industry and an indicator of the amount of competition among them. Named after economists Orris C. Herfindahl and Albert O. Hirschman, it is an economic concept widely applied in competition law, antitrust and also technology management

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