suppose a banking market consists of banks that have the following shares of the market: 34 percent, 16 percent, 13 percent, 10 percent, 9 percent, 9 percent, 4 percent, 4 percent, and 2 percent.

a. calculate the HHI,

b. suppose the largest bank. calculate the new HHI (after the merger).

c. would such a merger be acceptable, according to standard justice department guidelines explain why or why not.