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The market shares (in percentage terms) for the 10 firms that comprise

an industry are 22, 18, 14, 10, 9, 7, 6, 6, 4, and 4. The Herfindahl index is __________ and the four-firm concentration ratio is __________.
Group of answer choices


1,104; 64 percent


1,338; 64 percent


1,338; 36 percent


none of these options.


1,000; 48 percent

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