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How do compute the hhi for the industry

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Reference no: EM132763747

You consider an industry with 50 small firms and five large firms. Their market shares are as follows:

Company Market Share:

A is 30%

B is 15%

C is 15%

D is 5%

and E is 1%

Problem 1: Compute the HHI for this industry. Make sure to round your answers to the nearest 1000th decimal point.

Reference no: EM132763747

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