Atte8785 Atte8785

19-12-2022
Business

Answered

The information below sets out the estimated market shares for the cellular phone manufacturing market.
Firm Market Share
Nokia 36%
Fujitsu 3%
Kyocera 3%
LG 6%
Motorola 16%
Samsung 6%
Sanyo 4%
Siemens 7%
Sony Ericsson 11%Plus 8 more firms with 1% each
Based on this information, the Herfindahl-Hirschman Index is?

Answer :

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