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You consider an industry with 50 small firms and five large firms. Their market shares are as follows: Company Market Share A 30% B 15%
You consider an industry with 50 small firms and five large firms. Their market shares are as follows:
Company Market Share
A 30%
B 15%
C 15%
D 5%
E 1%
Compute the HHI for this industry. Make sure to round your answers to the nearest 1000th decimal points.
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