This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the value of the Herfindahl index is 10,000 . there must be exactly one firm in the industry. a. ... (Read 22 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 30, 2018
If the value of the Herfindahl index is 10,000 . there must be exactly one firm in the industry.
 a. True
  b. False

Question 2

If, as a result of a change in demand in a perfectly competitive increasing-cost industry, price and quantity rise, demand must have risen
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

djofnc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Diane

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The Acheulean industry is typified by hand axes and cleavers. The Acheulean industry is typified by hand axes and cleavers.
NCC MERP Index for categorizing medication errors algorithm. NCC MERP Index for categorizing medication errors algorithm.
Calculation of body mass index. To determine your BMI, find the value for your height on the left ... Calculation of body mass index. To determine your BMI, find the value for your height on the left ...
Pacific Decadal Oscillation: PDO index Pacific Decadal Oscillation: PDO index
Wages and Machines in the Textile Industry, 1910 Wages and Machines in the Textile Industry, 1910
The Oil Industry: BOEM iron triangle The Oil Industry: BOEM iron triangle
Video: Replication of DNA and Chromosomes/ How do cells replicate their DNA? (Animation) no Audio

For a complete list of videos, visit our video library