Assume the Widget Industry is composed of the following firms with associated market shares:
Firm Market Share
The remaining market is served by about 100 small firms.
What is the HHI for the Widget Industry?© BrainMass Inc. brainmass.com December 20, 2018, 7:19 am ad1c9bdddf
The Herfindahl-Herschman Index (HHI) measures the level of competitiveness in an industry. It is calculated ...
This solution shows how to calculate the Herfindahl-Herschman Index, which measures the competitiveness of an industry.