question archive In an industry with 5 firms, the largest firm has a revenue of $150 Mio, the two second largest firms have revenues of $100 kilo each, and the smallest two firms $25 Mio each
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In an industry with 5 firms, the largest firm has a revenue of $150 Mio, the two second largest firms have revenues of $100 kilo each, and the smallest two firms $25 Mio each. Calculate the HHI.
a) 2,734.375
b) 4,3750
c) 3,000
d) 1,254.25
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