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What is the 4 firm concentration ratio

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Reference no: EM132604903

Suppose that a small town has 5 pizza shops with teh following percentages of the market: 17%,13%, 27%,18%, 25%.

What is the 4 firm Concentration Ratio?

What is teh Herfindhal Index for the pizza industry in this town?

Reference no: EM132604903

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