Calculate herfindahl index
Assignment:
Question 1. Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sixed firms, based on its 1984 Herfindahl-index guidelines only.
Note: Need to calculate Herfindahl index
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Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sixed firms.
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