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Q6.A) Suppose that the 6 firms in an industry have total annual sales of $10 billion, $10 billion, $10 billion, $10 billion, $5 billion, and

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Q6.A) Suppose that the 6 firms in an industry have total annual sales of $10 billion, $10 billion, $10 billion, $10 billion, $5 billion, and $5 billion. a. What is the four-firm concentration ratio in this industry? b. What is the Herfindahl index for this industry

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