Calculate the herfindahl-hirschman index for the industry

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Reference no: EM13236296

ssume the market shares of the six largest firms in an industry are 12 percent each. Calculate the six

-firm concentration ratio and Herfindahl-Hirschman index for this industry. What does each of these measures have to say about the degree of concentration in the industry? Explain.

Reference no: EM13236296

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