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[Solution Library] The top four firms in Industry A have market shares of 30, 25, 10 and 5% respectively. The top four firms in Industry B have market shares of

Question: The top four firms in Industry A have market shares of 30, 25, 10 and 5% respectively. The top four firms in Industry B have market shares of 15, 12, 8 and 4 % respectively.

  1. Calculate the four firm concentration ratios for the two industries. Which industry is more concentrated?
  2. Calculate the Herfindahl - Hirschman Index for each industry

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