In the Toledo market for health care, there are three hospitals. You are given the following data. Please calculate a HHI measure that shows the market concentration in terms of patients and in terms of revenue. Suppose the company you work for asks whether the market looks more or less concentrated when you use patients vs. revenue as the basis for forming the HHI measure (both are used in the industry), what would you tell the—i.e. which one gives the sense that the market is more concentrated, judging from the answer you get to the HHI calculations?



Answer :

Other Questions