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Imagine that there is an industry made up of 300 firms. You have data on the 9 largest firms below. You dont have the revenues

Imagine that there is an industry made up of 300 firms. You have data on the 9 largest firms below. You dont have the revenues for 291 of the firms in the industry but one piece of critical information that you do know is that Company B has 12.5% market share.

Company Name

Annual Revenues ($)

A

100

B

80

C

64

D

63

E

38

F

30

G

22

H

19

I

19

(Round to 2 decimals if you need to round):

  1. What is the CR4?
  2. What is the CR8?
  3. What is the HHI?
  4. What is the total industry revenue?
  5. What Type of industry would you categorize this as?

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