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Posted: **Sun May 29, 2022 8:00 pm**

: 8 Suppose The Percentage Of Business Sales The Top Firms Have In Some Industries Are Respectively 25 20 7 6 5 1 (15.09 KiB) Viewed 25 times

8. Suppose the percentage of business sales the top firms have in some industries are respectively, 25%, 20%, 7%, 6%, 5%, and 4%. Calculate the CR (6) and determine the type of competition the industry is. Calculate the HHI for Problem 8.