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If a firm with a 10 percent market share merges with a firm with a 15 percent market share and the other firms have market shares of 40 percent, 15 percent, 10 percent, and 10 percent, respectively, the Herfindahl index will _____.
Training Effectiveness
The measure of how successfully a training program achieves its intended outcomes and objectives.
Mental Ability
The capacity to learn, reason, understand, and similar forms of mental activity; aptitude in grasping truths, relationships, facts, meanings, etc.
Cognitive Ability
The capacity of an individual to perform mental processes related to learning and problem solving, including memory, reasoning, understanding, and decision making.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
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