What is the maximum value that can be reached using the HHI?
A) 100
B) 1,000
C) 10,000
D) 100,000

Name: What is the maximum value that can be reached using the HHI? A) 100 B) 1,000 C) 10,000 D) 100,000
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

The Herfindahl-Hirschman Index (HHI) is calculated by squaring the market share of each firm competing in the market and then summing the resulting numbers. It can range from close to zero to 10,000, where 10,000 represents a monopoly (100% market share squared).

What Is the Maximum Value That Can Be Reached Using