Poverty and employment

Economic and Social Issues

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The Herfindahl Index (HI) is a formula that measures _______

Data usage

Weather

Stocks

Market concentration

None of the above

Explanation:

The Herfindahl Index (HI) or Herfindahl-Hirschman index (HHI) is a commonly accepted measure of market concentration. It is calculated by squaring the market share of each firm competing in a market, and then summing the resulting numbers, and can range from close to zero to 10,000. The U.S. Department of Justice uses the HHI for evaluating potential mergers issues.

By: Barka Mirza

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