Suppose there are five firms in an industry. Their sales

Last updated: 7/19/2022

Suppose there are five firms in an industry. Their sales (that is, total revenue) are as follows: • Firm 1: $96 million • Firm 2: $48 million • Firm 3: $36 million • Firm 4: $14 million • Firm 5: $6 million The Herfindahl-Hirschman Index (HHI) for this industry is (Enter your response as an integer.)