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Calculate the Herfindahl index and the four-firm concentration ratio for the following industry: SHOW ALL YOUR WORK . Firms Market Share (%) Herfindahl

  1. Calculate the Herfindahl index and the four-firm concentration ratio for the following industry: SHOW ALL YOUR WORK.
  2.  

Firms

Market Share (%)

Herfindahl Index

A

17

B

15

C

14

D

14

E

12

F

10

G

9

H

9

  1. 2-b: What is the four-firm Concentration ratio for this industry? (Show your calculations)

 

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