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

Author Question: Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 ... (Read 141 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is
 
  A) 6,650.
  B) 3,250.
  C) 1,250.
  D) 100.

Question 2

The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
 
  A) entitlements.
  B) military spending.
  C) interest expenses.
  D) salaries of government employees.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yuyiding

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


bb

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
:D TYSM

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Medication errors are three times higher among children and infants than with adults.

A British Bulldog shares a day at the park. A British Bulldog shares a day at the park.
The Acheulean industry is typified by hand axes and cleavers. The Acheulean industry is typified by hand axes and cleavers.
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
Main Hall, Trajan's Market Main Hall, Trajan's Market
Convert percent to Fraction Convert percent to Fraction
Twenty percent of the automobiles inspected at a state inspection station required repairs to ... Twenty percent of the automobiles inspected at a state inspection station required repairs to ...
Video: Medullary osmotic gradient - influencing factors

For a complete list of videos, visit our video library