An industry consists of four firms with annual sales of $4,000, $6,000, $5,500, and $7,000. What is the industry's HHI O A. 1,659.0 O B.2,654.0 OC 2,003 3 O D 2592 6 OE There is not sufficient information to compute the industry HHL

An industry consists of four firms with annual sales of $4,000, $6,000, $5,500, and $7,000. What is the industry's HHI O A. 1,659.0 O B.2,654.0 OC 2,003 3 O D 2592 6 OE There is not sufficient information to compute the industry HHL

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: The Cost Of Production

Section: Chapter Questions

Problem 1CQQ

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An industry consists of four firms with annual sales of $4,000, $6,000, $5,500, and $7,000. What is the industry's HHI?
O A 1,659.0
O B.2,654.0
OC 2,003 3
O D 2592 6
O E There is not sufficient information to compute the industry HHI.

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