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The following table lists the market shares of the eight firms in an industry. Market Shares for Eight Firms in an Industry Firm Market Share

The following table lists the market shares of the eight firms in an industry. Market Shares for Eight Firms in an Industry Firm Market Share 1 42 2 25 3 20 4 5 5 5 6 1 7 1 8 1 Calculate the Herfindahl-Hirschman Index (HHI) for this industry. Enter your answer in the box below, and round to the nearest whole number if necessary

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