Asked by
Katie Berry
on Nov 05, 2024
Verified
The HHI is calculated by summing the square of the percentage shares of the firms in the market.
HHI
The Herfindahl-Hirschman Index, a measure of market concentration used to determine the competitiveness of an industry.
- Calculate the Herfindahl-Hirschman Index (HHI) and scrutinize the density of market concentration.
Verified Answer
BB
Learning Objectives
- Calculate the Herfindahl-Hirschman Index (HHI) and scrutinize the density of market concentration.