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

Author Question: Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must ... (Read 118 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
on: Jul 20, 2019
Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must be true of these two markets?
◦ The firms in the market in which the HHI is 1,500 have less market power than do the firms in the market in which the HHI is 500.
◦ There are more firms in the market in which the HHI is 1,500 than in the market in which the HHI is 500.
◦ The market in which the HHI is 500 is, by definition, an oligopoly but the market in which the HHI is 1,500 is not an oligopoly.
◦ The firms in the market in which the HHI is 1,500 have greater market power than do the firms in the market in which the HHI is 500.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobthebuilder on Jul 20, 2019

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly


bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
Reply #2 on: Jul 20, 2019
Thank you!


brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Reply #3 on: Jul 20, 2019
Always glad to help...


« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
Farmers’ markets provide fresh, local produce to consumers Farmers’ markets provide fresh, local produce to consumers
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
How reciprocal functions compare to the parent function How reciprocal functions compare to the parent function
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library