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05-08-2017
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The herfindahl-hirschman index is the ________ of the percentage market share of each firm summed over the largest 50 firms in a market.

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ahmedishaal ahmedishaal

11-08-2017

The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if Herfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.

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