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Assignment 10 (Module 10): Chapters 12 and 13 Mat, 3 question #17 An industry has six firms whose market shares are as follows: Firm 1:

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Assignment 10 (Module 10): Chapters 12 and 13 Mat, 3 question #17 An industry has six firms whose market shares are as follows: Firm 1: 22%, Firm 2: 21%, Firm 3: 20%, Firm 4: 12%, Firm 5: 10%, and Firm 6: 15%. Suppose firms 2 and 6 merged (combined to form a single firm. The Herfindahl Index after the merger will be

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