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MC Qu. 14-36 (Algo) Assume six firms composing an... Assume six firms composing an industry have market shares of 25, 20, 20, 20, 8, and

MC Qu. 14-36 (Algo) Assume six firms composing an...

Assume six firms composing an industry have market shares of 25, 20, 20, 20, 8, and 7 percent. The Herfindahl index for this industry is

Multiple Choice

  • 1,938.
  • 85.
  • 2,027.
  • 1,825.

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