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Please see the picture. D Question 3 (10 Points): The following table gives market share data in percentages for the three paper product markets. You

Please see the picture.

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D Question 3 (10 Points): The following table gives market share data in percentages for the three paper product markets. You have % page to answer ALL the questions. Facial Tissue Toilet Paper Companies % share % share Paper Towels Companies Companies % share Kimberly-Cla rk 48 Procter&Gamble 30 Procter& Gambl e 37 Procter&Gamb le 30 Scott 20 Scott 18 Scott 7 James River 16 James River 12 Georgia Paci Georgia Pacifi fic 6 C 12 Georgia Pacifi C 11 Other 9 Kimberly-Clark 5 Kimberly-Clark 4 Other 16 Other 18a) Calculate the four-firm concentration ration for each industry. b) Calculate each industry's HHI Index. c) Which industry do you think exhibits the most concentration? Discuss your

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