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There are five firms in a market and the market shares of the firms are 35 35 percent, 25 percent, 20 percent, 15 percent, and

There are five firms in a market and the market shares of the firms are 35

35 percent,

25 percent,

20 percent,

15 percent, and

5 percent.

What is theHerfindahl-Hirschman Index for thismarket?

TheHerfindahl-Hirschman Index for this market is

.

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