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Author Question: The mean (average) U.S. family income in 2012 was approximately A) 15,000. B) 71,000. C) ... (Read 71 times)

09madisonrousseau09

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on: Jun 29, 2018
The mean (average) U.S. family income in 2012 was approximately
 
  A) 15,000.
  B) 71,000.
  C) 51,000.
  D) 100,000.

Question 2

An industry is made up of 8 firms with the following percent market shares: 29, 20, 11, 10, 9, 8, 7, 6. What is the Herfindahl-Hirschman index in this industry?
 
  A) 70
  B) 100
  C) 1462
  D) 1692


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choc0chan

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


09madisonrousseau09

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

rleezy04

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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