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Author Question: The automobile industry in Richland has a Herfindahl-Hirschman Index of 5,600. This implies that the ... (Read 112 times)

DyllonKazuo

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The automobile industry in Richland has a Herfindahl-Hirschman Index of 5,600. This implies that the automobile industry in Richland is ________.
 
  A) dominated by a few buyers
  B) moderately concentrated
  C) highly concentrated
  D) perfectly competitive

Question 2

Which of the following is most likely to increase an individual's current spending?
 
  A) Paying back a loan today
  B) Borrowing money today
  C) Depositing money today
  D) Withdrawing money in the future



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blfontai

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Answer to Question 1

C

Answer to Question 2

B





 

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