The Herfindahl-Hirschman Index for a monopoly is
A) 1.
B) 100.
C) 10,000.
D) undefined.

Name: The Herfindahl-Hirschman Index for a monopoly is A) 1. B) 100. C) 10,000. D) undefined.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

The Herfindahl-Hirschman Index (HHI) is calculated by squaring the market share of each firm in the industry and then summing the resulting numbers. For a monopoly, the market share is 100%, so the HHI is 100^2 = 10,000.

The Herfindahl-Hirschman Index for a Monopoly Is