There are five firms in the cresset industry The market shar

There are five firms in the cresset industry. The market shares of the five firms are 60 percent, 15 percent, 15 percent,6 percent, and 4 percem The Herfindabl-Hinchman Index is 4,100 4,086 4,102 96 e10,000

Solution

Herfindahl-Hirschman index (HHI) = 60² + 15² + 15² + 6² + 4² = 4102

Therefore option (c) 4102 is the answer