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An analyst gathers the following market share data for an industry: Company Market Share (%) ABV 40 ABW 30 ABX 15 ABY 7 ABZ 8

An analyst gathers the following market share data for an industry:

Company

Market Share (%)

ABV

ABW

ABX

ABY

ABZ

Determine the industry's three-firm Herfindahl-Hirschman index.

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