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Consider an industry consisting of 4 firms. Firm A has 50% marketshare, Firm B has 25% marketshare, Firm C has 15% marketshare, and Firm D

Consider an industry consisting of 4 firms.

Firm A has 50% marketshare, Firm B has 25% marketshare, Firm C has 15% marketshare, and Firm D has 10% market share. TheHerfindahl-Hirschman Index(HHI) in this market is

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