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Industry A consists of four firms, each of which has an equal share of the market. A. Compute the Herfindahl-Hirschman index for the industry. B.

Industry A consists of four firms, each of which has an equal share of the market.

A. Compute the Herfindahl-Hirschman index for the industry.

B. Industry B consists of 10 firms, each of which has an equal share of the market. Compare the Herfindahl-Hirschman indexes for this industry?

C. Now suppose that there are 100 firms in the industry, each with equal shares. What is the Herfindahl-Hirschman index for this industry?

D. State the general relationship between the competitiveness of an industry and its Herfindahl-Hirschman index.

please help me

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