Under Federal Trade Commission merger guidelines, an industry ...

[imowrer]

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.

[carolinefletcherr]

Answer to Question 1

A

Answer to Question 2

C

[imowrer]

Excellent

[chereeb]

TYSM