Assume there are initially 10 firms, each with a 10 percent market share. a. What is the

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Assume there are initially 10 firms, each with a 10 percent market share.
a. What is the initial HHI?
b. What will the HHI become if two firms merge?
c. What will the HHI become if three firms merge?

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Exploring Economics

ISBN: 9781439040249

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Authors: Robert L Sexton

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Question Posted: Feb 07, 2013 05:45 AM

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Assume there are initially 10 firms, each with a 10 percent market share. a. What is the

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