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‘Industry A has 10 firms. The five largest firms have 21%, 20%, 19%, 18%, and 17% of the market. The

Posted on October 23, 2021 By Lenaaemersonn2 3 Comments on ‘Industry A has 10 firms. The five largest firms have 213, 203, 193, 183, and 173 of the market. The

"Industry A has 10 firms. The five largest firms have 21%, 20%, 19%, 18%, and 17% of the market. The remaining five firms each have 1% of the market. The four-firm concentration ratio for Industry A is 78%. What is the HHI for Industry A

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Comments (3) on “‘Industry A has 10 firms. The five largest firms have 21%, 20%, 19%, 18%, and 17% of the market. The”

  1. Expert says:
    October 23, 2021 at 9:26 am

    answer; tech (a) is correct;

    Reply
  2. candaceblanton says:
    October 23, 2021 at 12:56 pm

    1820

    Explanation:

    The HHI is calculated by squaring the market share of each firm  in the industry.  

    21% ²+ 20%² + 19%² + 18%² + 17%² + 1%² +1%² +1%² +1%² +1%² = 1820

    Reply
  3. Expert says:
    October 23, 2021 at 7:26 pm

    How is this a question and how u need an answer for this

    Reply

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