Author Question: Under Federal Trade Commission merger guidelines, an industry with a Herfindahl-Hirschman index ... (Read 94 times)

imowrer · **on:** Jun 29, 2018

Under Federal Trade Commission merger guidelines, an industry with a Herfindahl-Hirschman index (HHI) of 800 points is considered

A) competitive.
B) moderately concentrated.
C) concentrated.
D) a monopoly.

Question 2

The creation of a monopoly results in gains to

A) producers at no expense to consumers.
B) consumers at no expense to producers.
C) producers at the expense of consumers.
D) consumers at the expense of producers.