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Author Question: Whenever any firms in a concentrated industry merge, the Herfindahl-Hirschman Index: a. will rise. ... (Read 36 times)

dollx

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Whenever any firms in a concentrated industry merge, the Herfindahl-Hirschman Index:
 a. will rise.
 b. may rise or stay the same.
  c. may rise or fall.
 d. will fall.

Question 2

Which of the following theories states that people who are highly risk-averse are less likely to engage in high-risk activities?
 a. The theory of moral hazard
  b. The theory of adverse selection
  c. The propitious selection theory
  d. The death spiral theory



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14vl19

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Answer to Question 1

a

Answer to Question 2

C




dollx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


upturnedfurball

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Reply 3 on: Yesterday
Excellent

 

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