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One industry has four firms and their market shares are as follows: A: 35% B: 30% C: 25% D: 10% 9. What is the Herfindahl-Hirschman

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One industry has four firms and their market shares are as follows: A: 35% B: 30% C: 25% D: 10% 9. What is the Herfindahl-Hirschman index (HHI) of this industy? QUESTION 10 10. If Companies B and D merge, what would the new Hal be

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