1. There are 8 companies operating on the market. The v
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1. There are 8 companies operating on the market. The volume of their sales is shown in the table.
Firm
1
2
3
4
5
6
7
8
Sales volume, billion rubles.
100
90
80
130
70
60
110
50
According to the table:
1) Calculate the Herfindahl-Hirschman index.
2) Determine the market structure of the industry.
Firm
1
2
3
4
5
6
7
8
Sales volume, billion rubles.
100
90
80
130
70
60
110
50
According to the table:
1) Calculate the Herfindahl-Hirschman index.
2) Determine the market structure of the industry.
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