Use the following data for the next three questions: Line of Business Brown Corp Revenues Green Corp Revenues Paint. $35,000,000 $10,000,000 Hair dye 17,000,000 22,000,000 Chalk. 44,500,000 2,300,000 Widgets 13,000,000 1,200,000

17. What is Brown Corps Herfindahl Index? Round to the nearest two decimal places. A. 0.27 B. 0.29 C. 0.31 D. 0.33 E. None of the above

18. If Brown takes over Green, what will be the Herfindahl Index of the combined firm? Round to the nearest two decimal places. A. 0.22 B. 0.24 C. 0.26 D. 0.28 E. None of the above

19. Brown Corporation is considering the acquisition of Green Corporation. If they do so, will the combined firm be more concentrated or less concentrated than Brown before the merger? A. More concentrated B. Less concentrated C. The same concentration D. Insufficient data E. None of the above