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The COO hands you the following information about market share in a competing industry: Firm Market Share (%) ================================== Z 11% Y 10 X 8

The COO hands you the following information about market share in a competing industry:

Firm Market Share (%)

==================================

Z 11%

Y 10

X 8

W 6

V 3

U 2

T 2

58 other firms 1% each

What is the HHI for this competing industry? Does the industry favor competition or concentration (heavy or moderate)? How do you know?

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