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explain the answer to the following. Question 4 (Ivand 1. Consider an industry that has six firms with the following market share percentages. Firm Market

explain the answer to the following.

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Question 4 (Ivand 1. Consider an industry that has six firms with the following market share percentages. Firm Market share Carollo 40% Incorporated Standish 30% Consolidated Epley Company 17% White Industries 5% Carlson Inc. 5% Wright Corp. 3% If Epley Company wants to merge with Wright Corp., would the Department of Justice be concerned about the merger? Explain your answer. You must show your work to get credit for this problem.

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