Q412
The market share data for an industry, comprising five companies, is given below. Company Market Share (%) A 35 B 25 C 18 D 12 E 10 This industry's three-firms Herfindahl-Hirschman index shall be
The market share data for an industry, comprising five companies, is given below.
This industry's three-firms Herfindahl-Hirschman index shall be
| Company | Market Share (%) |
| A | 35 |
| B | 25 |
| C | 18 |
| D | 12 |
| E | 10 |
A.
0.234
B.
0.217
AnswerC.
0.151
D.
0.0175
Answer: Option B
Solution
Answer: Option B
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