Consider an industry consisting of four firms with market shares of 30 percent, 25 percent, 25 percent, and 20 percent.Calculate the Herfindahl Hirschman Index and interpret your result.

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The Answer of Consider an industry consisting of four firms with market shares of 30 percent, 25 percent, 25 percent, and 20 percent.Calculate the Herfindahl Hirschman Index and interpret your result.

Consider an Industry Consisting of Four Firms with Market Shares