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QUESTION
Consider an industry whose firms have the following sales: Firm Sales Firm Sales Appel 1000 Fettucini 200 Banana 800 Grapefruit 150 Cumquat 600...
a. Calculate the four-firm and six-firm concentration ratios for the computer industry.b. Calculate the HHI for the industry.c. Suppose that Appel Computer and Banana Computer were to merge with no change in the sales of any of the different computers. Calculate the new HHI.
