Calculate the Herfindahl Index

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Question

Calculate the Herfindahl Index and 4 firm concentration ratio based on the information given below. As an employee of an anti-trust authority, what would be your observation about the level of competition in the industry? Explain your reasoning and show the calculations along with all formulae used (Reasoning 2 lines at least) company revenues (in billion) Starbucks 14.89 panera bread 5.69 Caribou Coffee 2.37 dunkin brands 1.68 costa bean and tea 13.67 krispy kreme donoughts 9.23.

Reference no: EM134033411

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