An industry that has 100 fi rms, each with a 1 percent market share, would have a
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An industry that has 100 fi rms, each with a 1 percent market share, would have a Herfi ndahl-Hirschman index of . ( LO1 )
a) 1
d) 1,000
b) 10
e) 10,000
c) 100
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