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What is the hhi in reference to market concentration

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Question: used measure of market concertation is the Herfindahl-Hirschman Index or the HHI.measure can identify if your firm is close to monopolizing the market, meaning thatcompetition in the market, the higher the market concertation. The HHI is calculated

What is the HHI in reference to market concentration?

 

Reference no: EM133552338

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