Business, 25.12.2019 02:31 chris018107

The herfindahl-hirschman index (hhi) is a mathematical approach to understanding market concentration that provides a single concentration indicator. what is the hhi for an industry characterized by the below noted data? firm 1 has a market share of 40% firm 2 has a market share of 20% firm 3 has a market share of 15% firm 4 has a market share of 15% firm 5 has a market share of 10%

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