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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!

Barnes
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.