Answer questions ac on HHI. a. What would the HHI be for an industry made up of
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a. What would the HHI be for an industry made up of one firm with 30 percent of the market, and 14 firms, each with 5 percent of the market?
b. What would the HHI be if two of the firms with 5 percent of the market merge?
c. What would the HHI be if the large (30 percent share) firm merged with one of the smaller (5 percent share) firms?
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Since HHI S 1 2 S 2 2 S 2 2 Sn 2 Where S 1 S 2 S 3 Sn are the Market shore in percent ...View the full answer
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