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1. One of the most important laws in the US that is designed to maintain competitive markets is the Sherman Antitrust Act Robinson-Patman Act Clayton

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One of the most important laws in the US that is designed to maintain competitive markets is the Sherman Antitrust Act Robinson-Patman Act Clayton Act Federal Trade Commission Act An employment relationship where the employer or the employee can terminate the relationship at any time without notice is known a \\l employment right-to-work atwill closed shop common law Consider the table below. Firm Market Share (%) A 25 B 15 C 15 D 10 E 5 F 20 G 10 (a) What is the Herfindahl-Hirschman Index for this industry? Do not use commas in your answer (b) Assume that firm B acquires firms D & E and firm A merges with firm G, what is the new HHI index in this industry? (c) What is the CR3 index before the acquisitions and merger? (d) What is the CR3 index after the acquisitions and merger

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