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In the market for hand-held cell phones there are 10 firms each with a 7%market share and 1 firm with a 30% market share.The Herfindahl-Hirschman
In the market for hand-held cell phones there are 10 firms each with a 7%market share and 1 firm with a 30% market share.The Herfindahl-Hirschman Index (HHI) for this industry is
1390
100
900
490
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