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Basic Question 1 of 4
Consider two firms in industry X. 
What is the Herfindahl index of this industry?
User Contributed Comments 3
| User | Comment |
|---|---|
| Bududeen | uncompetitive |
| frants54 | very |
| lordcomas | Near monopoly |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
identify the type of market structure within which a firm operates and describe the use and limitations of concentration measures
CFA® 2026 Level I Curriculum, Volume 1, Module 1.