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Question: Firm A has a 17 percent market share, Firm B has a 20 percent market share and Firm C has a 65 percent market

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Question: Firm A has a 17 percent market share, Firm B has a 20 percent market share and Firm C has a 65 percent market share. Calculate the Herfindahl index value. What does the reciprocal of the Herfindahl index show

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