Four firms control the market for a particular good, Financial Management

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Four firms control the market for a particular good

Four firms control the market for a particular good, resulting in an HHI of 6,650. Total industry sales are $1,750, and it is known that one firm has sales of $1,400 and another sales of $175. If each of the remaining two firms has the same sales, then we can conclude that the remaining two firms each have a market share of:

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Financial Management: Four firms control the market for a particular good

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Financial Management: Four firms control the market for a particular good

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