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assume in industry of six firms with the following market shares. calculate hhi how would this industry be characterized by the justice department guidelines Chapter

assume in industry of six firms with the following market shares. calculate hhi how would this industry be characterized by the justice department guidelines

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Chapter 14 Refer to the section "The Prevalence of Oligopoly" and review the formula for Herfindahl-Hirschman Index of HHI. Assume an industry consists of six firms with the following market shares: Firm Market Share (9%) A 12 B 24 C 14 D 22 E 20 F B

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