Calculating HHI Index
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In the market for bottled water, Fresh Springs has a 40 percent share of the market, Swiss Springs has a 27 percent share, L'eau de France has a 8 percent share, and Rocky Mountain Water has a 5 percent share. The rest of the market consists of 20 firms with a 1 percent share of the market each. What is the value of the Herfindahl-Hirschman index?
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The solution describes the formula and steps for determine HHI Index.
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Firm Market Share
Fresh Springs ...
Education
- BEng (Hons) , Birla Institute of Technology and Science, India
- MSc (Hons) , Birla Institute of Technology and Science, India
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