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Author Question: In consumer equilibrium, Harold consumes pizza, sodas, and other goods. Pizza and soda are ... (Read 289 times)

saraeharris

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on: Jun 29, 2018
In consumer equilibrium, Harold consumes pizza, sodas, and other goods. Pizza and soda are complements for Harold. The price of a pizza rises while his income remains the same. Harold then consumes
 
  A) more pizza and less soda.
  B) more pizza and more soda.
  C) less pizza and less soda.
  D) less pizza and more soda.

Question 2

The table above lists the market shares of the twenty makers of personal computers. The Herfindahl-Hirschman Index for this industry equals
 
  A) 5.
  B) 250.
  C) 1250.
  D) 500.


Kingjoffery

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

C

Answer to Question 2

D


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saraeharris

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Reply #2 on: Jun 29, 2018
Thank you


Kingjoffery

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Reply #3 on: Jun 29, 2018
No problemo


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