This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Firm Market Share (percent)Firm W30Firm X20Firm Y10Firm Z5 A market has 4 firms in it. The market ... (Read 240 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: May 24, 2019

Firm Market Share (percent)
Firm W30
Firm X20
Firm Y10
Firm Z5

A market has 4 firms in it. The market shares are in the table above. The table represents a(n) ________ market because its ________.
◦ competitive; Herfindahl-Hirschman Index (HHI) equals 1,425
◦ competitive; four-firm concentration ratio equals 65 percent
◦ uncompetitive; Herfindahl-Hirschman Index (HHI) equals 65 percent
◦ perfectly competitive; Herfindahl-Hirschman Index (HHI) is less than 1,500
◦ uncompetitive; four-firm concentration ratio exceeds 60 percent
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Melani1276 on May 24, 2019

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


Melani1276

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: May 24, 2019
Excellent


Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For linked genes, recombinant frequencies are less than 50 percent For linked genes, recombinant frequencies are less than 50 percent
Women who are monozygotic twins and have the same genes are more similar in their marital happiness Women who are monozygotic twins and have the same genes are more similar in their marital happiness
How to convert fractions to decimals to percent How to convert fractions to decimals to percent
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ... At what pH is the amino acid glycine with a Ka of 2.51 × 10-10 sixty-six (66%) percent ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library