Business
Business, 22.12.2020 17:20, nicollexo21

To understand the competitive intensity of two industries, a business consultant conducted market concentration analysis by using Hirshman-Herfindahl Index (HHI). The HHI of industry A was 0.25 and the HHI of industry B was 0.15. Based on this calculation, the consultant concludes that industry A is concentrated market than industry B and that industry A is competitive market. Group of answer choices

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