Business, 22.09.2020 21:01 sierraseideman1023

To understand the competitive intensity of two industries, a business consultant conducted market concentration analysis by using Hirshman-Herfindahl Index (HHI). The HHI of industry X was 0.40 and the HHI of industry Y was 0.15. Based on this calculation, the consultant concludes that industry X is concentrated market than industry Y and that industry X is competitive market.

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