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    Find HHI for the Widget Industry.

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    Assume the Widget Industry is composed of the following firms with associated market shares:

    Firm Market Share

    A 37
    B 20
    C 10
    D 5
    E 3

    The remaining market is served by about 100 small firms.

    What is the HHI for the Widget Industry?

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    Solution Preview

    The Herfindahl-Herschman Index (HHI) measures the level of competitiveness in an industry. It is calculated ...

    Solution Summary

    This solution shows how to calculate the Herfindahl-Herschman Index, which measures the competitiveness of an industry.