What is largest value that herfindahl index could take

Reference no: EM13225017

Suppose that the most popular car dealer in your area sells 2 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?

In that same situation, what would be the largest possible four-firm concentration ratio?

Reference no: EM13225017

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