The main drawback of the herfindahl-hirschman index hhi is, Ask an Expert

Economics

The main drawback of the Herfindahl-Hirschman Index (HHI) is that:

It only goes to 100

It does not work for a monopoly market

It does not work for a perfectly competitive market

It has too many letters in it

You have to know the market share for all the firms in the market

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91519713

Have any Question?Write your Review or question?

Related Questions in Business Economics

John plans to take three suits on his business trip if john

John plans to take three suits on his business trip. If John owns 8 suits, how many ways can the 3 suits be selected?

Manny moe and jack have the following demand curves for

Manny, Moe and Jack have the following demand curves for pears: QManny = 100 - 2P = 70 - 2P + 10 Ppear + .25 YManny where P Pear = 2 and YManny = 40. QMoe = 300 - 4P = 80 - 4P + 35 Ppear + .75 YMoe where P Pear = 2 and Y ...

Why would the australian government debt be consider not

Why would the Australian government debt be consider not too high?

A study of cancer was conducted among 10000 men in the

A study of cancer was conducted among 10,000 men in the United States who were 40-75 years of age. Every two years questionnaires are sent to these individuals, and newly diagnosed cases of various cancers were reported. ...

Calculate the present worth of all costs for a

Calculate the present worth of all costs for a newly acquired machine with an initial cost of $30,000, no trade-in value, a life of 15 years, and an annual operating cost of $13,000 for the first 4 years, increasing by 1 ...

Determine the minimum sample size required when you want to

Determine the minimum sample size required when you want to be 80% confident that the sample mean is within 1.3 units of the population mean. Assume a standard deviation of 9.24 in a normally distributed population.

In a pre-election poll a candidate for district attorney

In a pre-election poll, a candidate for district attorney receives 379 of 750 votes. Assuming that the people polled represent a random sample of the voting population, test the claim that a majority of voters support th ...

Given that some normally distributed data has a mean of

Given that some normally distributed data has a mean of 942.5 and a standard deviation of 96. What is the value x of this data set where 85% of all other data values are greater?

If 63 tickets are sold and 2 prizes are to be awarded find

If 63 tickets are sold and 2 prizes are to be awarded, find the probability that one person will win 2 prizes if that person buys 2 tickets. Use a graphing calculator and round the answer to six decimal places. P(win bot ...

Why would a policy of re-importation of prescription drugs

Why would a policy of re-importation of prescription drugs be ineffective?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert