A Herfindahl-Hirschman Index is calculated by
A) summing the amount of sales by the four largest firms and dividing by total industry sales.
B) summing the squares of the market shares of each firm in the industry.
C) dividing the number of firms wanting to merge by the total number in the industry.
D) dividing the advertising expenditures of the firms that want to merge by total industry advertising expenditures.
B
Economics
You might also like to view...
In a simplified banking system, the money multiplier falls as the required reserve ratio decreases
a. True b. False Indicate whether the statement is true or false
Economics
If the rate of interest is fixed, the MFC of capital is equal to the interest rate
Indicate whether the statement is true or false
Economics