Firm concentration ratio and the herfindahl index

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Reference no: EM133080840

Problem:

Firm

Market Share (%)

A

18

B

17

C

17

D

17

E

16

F

15

Refer to the data. Suppose that firms in this industry split up such that there were 20 firms, each with a 5 percent market share. The four-firm concentration ratio and the Herfindahl index respectively would be

Reference no: EM133080840

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