Q:Question:and Zight. Consumers view these products as similar, but not identical. The market shares of the five sellers are as follows: Coca-cola: 25% market share Zight: 24% market share Pepsi: 23% market share Bright: 20% market share Quite: 8% market share a) What is the 4CR concentration ratio for this industry? b) What is the HHI for this industry? c) Of the market structures described, which one best describes the cola industry in Inner BaldoniaA:Answer:See a step by step answer