Suppose an industry has 8 firms each with 9% of sales, and 4 firms each with 7% of sales. The HHI for this industry is:
A) 100
B) 844
C) 5968
D) 8496
E) None of these
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Home » Business » Suppose an industry has 8 firms each with 9% of sales, and 4 firms each with 7% of sales. The HHI for this industry is: A) 100 B) 844 C) 5968 D) 8496 E) None of these