alleryWhich index sums the squared market shares of all firms in an industry?
AConsumer price index
BHerfindahl index
CGini concentration
DFisher ideal index
Answer & Solution
Correct answer: B. Herfindahl index
The Herfindahl index squares and sums individual firm market shares.
Keep practising Markets and Theory of Supply
Browse all Markets and Theory of Supply questions for ICSE Class 10, or explore more Economics topics.
Related questions
Match scope reach:
1. Buyer: p. Shielded
2. Public: q. Guarded
3. Trade: r. FairMatch ministry lead:
1. Leader: p. Paswan
2. Desk: q. Ministry
3. House: r. Lok SabhaMatch forum speed:
1. Rules: p. Simple
2. Court: q. Friendly
3. Time: r. SwiftMatch Agmark scope:
1. Grade: p. Standards
2. Farm: q. Produce
3. Pack: r. ProceduresMatch choice right:
1. Access: p. Assured
2. Goods: q. Variety
3. Price: r. CompeteMatch CCPA wing:
1. Wing: p. Inquiry
2. Study: q. Evidence
3. Base: r. StatutoryMatch reform scope:
1. Court: p. Ease load
2. Avenue: q. Redress
3. Panels: r. CitizenMatch enactment:
1. Force: p. July 2020
2. CCPA: q. July 2020
3. Signed: r. Aug 2019