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Business, 23.04.2021 03:50 tiannahwlit

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 million, $1 million, and $1 million, respectively. There are four firms in industry B with equal sales of $2.5 million for each firm. The HHI for industry A is:

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Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5...
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