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ECO - Herfindahl index for an industry composed of (a) three firms

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Question;Find the Herfindahl index for an industry composed of (a) three firms ? one with 70 of the market, and the other two with 20 and 10 percent of the market, respectively, (b) One firm with a 50 percent share of the market and 10 other equal-sized firms, (c) 10 equal-sized firms.

 

Paper#56449 | Written in 18-Jul-2015

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