Explore BrainMass
Share

Explore BrainMass

    Find HHI for the Widget Industry.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    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?

    © BrainMass Inc. brainmass.com October 10, 2019, 3:03 am ad1c9bdddf
    https://brainmass.com/economics/international-economics/404978

    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.

    $2.19