Given the market share information in the table below, calculate the four firm concentration ratio and the Herfindahl index. $$\begin{array} { | c | c | }
\hline \text { Firm Number } & \text { Market Share (\%) } \
\hline 1 & 35 \
\hline 2 & 25 \
\hline 3 & 15 \
\hline 4 & 15 \
\hline 5 & 10 \
\hline
\end{array}$$

Question

Given the market share information in the table below, calculate the four firm concentration ratio and the Herfindahl index. $$\begin{array} { | c | c | } 
\hline \text { Firm Number } & \text { Market Share (\%) } \
\hline 1 & 35 \
\hline 2 & 25 \
\hline 3 & 15 \
\hline 4 & 15 \
\hline 5 & 10 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Given the market share information in the table below, calculate the four firm concentration ratio and the Herfindahl index. $$\begin{array} { | c | c | } 
\hline \text { Firm Number } & \text { Market Share (\%) } \
\hline 1 & 35 \
\hline 2 & 25 \
\hline 3 & 15 \
\hline 4 & 15 \
\hline 5 & 10 \
\hline
\end{array}$$

Given the Market Share Information in the Table Below, Calculate