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Calculate the new measure of monopoly power

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The banking market consists of five banks that each have 15 percent of the market and five more banks that each have 5 percent of the market. Calculate the measure of monopoly power.?

Three of the banks that currently have 15 percent of the market would like to merge and form First Super Bank of Richmond. If the merger were allowed, calculate the new measure of monopoly power.

Reference no: EM132387923

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