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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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