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In 13 Please show your calculations for the following: Suppose that a small town has several coffee shops where respective shares of the coffee service market are 25%,23%, 17%, 11%, 9%, 8% and 7%. a) What is the concentration ratio in this industry? What is the Herfindahl index? b) If the top three firms combine to from a single firm, say a large Starbucks in town, what is the concentration ratio now? What is the Herfindahl index? Edit View Insert Format Tools Table 12pt v Paragraph B