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Basic Question 1 of 6

What is the Herfindahl Index (HHI) used for?

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

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.