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Basic Question 1 of 6
What is the Herfindahl Index (HHI) used for?
B. Assessing market concentration and competition
C. Estimating market demand for a product
D. Analyzing consumer preferences
A. Measuring a company's profitability
B. Assessing market concentration and competition
C. Estimating market demand for a product
D. Analyzing consumer preferences
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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
determine an industry's size, growth characteristics, profitability, and market share trends
CFA® 2025 Level I Curriculum, Volume 3, Module 6.