tiatingly1052 tiatingly1052

02-06-2023
Business

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a) What is the Herfindahl-Hirschman Index and what is its main advantage over the n-firm
Concentration Ratio? Explain. b) Calculate the Herfindahl-Hirschman Index for a market consisting of three firms. Make up the
numbers you need, but clearly show and explain what you do.

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