a) Consider an industry with 12 firms. One firm has a market share of 30%. One...
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a) Consider an industry with 12 firms. One firm has a market share of 30%. One firm has a market share of 10%. One firm has a market share of 15%. The other nine (small firms) have shares of 5%. What is the HHI of this industry? a) Consider an industry with 12 firms. One firm has a market share of 30%. One firm has a market share of 10%. One firm has a market share of 15%. The other nine (small firms) have shares of 5%. What is the HHI of this industry?
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