Business, 15.07.2021 20:30 lovvyDovvy04
The following firms in the widget industry have the following market shares:
Spacely Sprocket Widgets 12 %,
Cogswell Cog Widgets 13 %,
Intel Widgets 14 %,
Compaq Widgets 15 %,
IBM Widgets 16%,
Apple Widgets 17 %, &
Microsoft Widgets 13 %.
Required:
Based on this information, what is the Herfindahl Hirschmann Index (HHI) for the Widget Industry ?
Answers: 3
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The following firms in the widget industry have the following market shares:
Spacely Sprocket Widge...
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