In each of these questions, you will calculate the HHI given the information provided. Use the formula to calculate HHI given in class. Note that a 20% market share would appear in that equation as 20, not 0.2 The HHI for a monopoly is = The HHI for a market with 4 equally sized firms is = The market share for a duopoly with two equally sized firms is = The market share for an industry with 5 equally sized firms is = If two of those firms in the 5 firm industry merged, the HHI is now = Use the data in the table below to answer the next two questions Firm Betabrand 45 Mplex ECon TIndu Eliza Inc SissyMax Market Share Foxco 21 15 5 8 2 4 The HHI for this industry is = If the two largest firms merge, the HHI is = If the two smallest firms merge, the HHI is =