Business, 31.10.2021 04:00 hannahgracew12

Suppose that the six firms in industry A have annual sales of 30, 26, 18, 14, 10, and 2 percent of total industry sales. For the six firms in industry B, the figures are 24, 18, 16, 15, 14, and 13 percent. b. Calculate the four-firm concentration ratio and the Herfindahl index for each industry and compare their likely competitiveness.

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Suppose that the six firms in industry A have annual sales of 30, 26, 18, 14, 10, and 2 percent of t...