This topic contains a solution. Click here to go to the answer

Author Question: Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 ... (Read 126 times)

bb

  • Hero Member
  • *****
  • Posts: 544
Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is
 
  A) 6,650.
  B) 3,250.
  C) 1,250.
  D) 100.

Question 2

The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
 
  A) entitlements.
  B) military spending.
  C) interest expenses.
  D) salaries of government employees.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

B

Answer to Question 2

A




bb

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
Excellent


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The FDA recognizes 118 routes of administration.

For a complete list of videos, visit our video library