Business, 23.08.2020 01:01 burritomadness

Suppose there are three firms in a market. The largest firm has sales of $50 million, and each of the other two firms has sales of $25 million. The Herfindahl-Hirschman Index of this industry is:. a. 2,500.
b. 3,750.
c. 2,550.
d. 3,125.

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Suppose there are three firms in a market. The largest firm has sales of $50 million, and each of th...

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