What is the 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 35
B 20
C 10
D 7
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 Summary
This solution addresses the following HHI question with all calculations provided:
Assume the Widget Industry is composed of the following firms with associated market shares:
Firm Market Share
A 35
B 20
C 10
D 7
E 3
The remaining market is served by about 100 small firms.
What is the HHI for the Widget Industry?
Purchase this Solution
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