题目
题目

Princip of Econ-Microeconomics Module 9 Practice Questions: HHI

数值题

Market Share by firm for an industry Firms Market Share A 32% B 21% C 13% D 11% E 10% F 5% G 4% H 4% Use the table above to answer the following question. What is the HHI for the above industry? (you can copy-paste the table into Excel for faster calculation). Note: enter answer with only numerical values and round up to the nearest integer. For example, if you think the answer is "1001.58" then enter the answer "1002" in the space below.

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标准答案
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思路分析
The task asks us to compute the Herfindahl-Hirschman Index (HHI) for an industry using the given market shares. First, recall that the HHI is obtained by squaring each firm's market share (in percentage poin......Login to view full explanation

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类似问题

8.    The Herfindahl index is: A.    the sum of the squared percentage market shares of all firms in the industry. B.    the sum of the market shares for the top 10 firms in the industry. C.    a measure of product differentiation in the market. D.    a measure of how easy it is for new firms to enter the market. 

A high Four-Firm Concentration Ratio (CR4), such as 80%, indicates:

Part 1​'The commercial banking industry in Canada is less competitive than the commercial banking industry in the United States because in Canada only a few large banks dominate the​ industry, while in the United States there are around​ 6,500 commercial​ banks.' Is this statement true or​ false? Explain your answer.Part 2 A. True. The reason for the large number of US banks is regulations that promote competition such as branching restrictions B. False. The reason for the large number of US banks is anticompetitive regulations such as branching restrictions C. True. The banking industry is less competitive in Canada than in the United States because Canada has a national banking​ system, i.e., owned and operated by the government D. False. It is not true that the industry is dominated by a few large​ firms; thus, based on the​ Herfindahl-Hirschman Index, the banking industry in Canada is just as competitive as in the United States

Which of the following statements is NOT correct?

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