« previous next »

Author Question: Firms exist because of the low cost associated with creating complete contracts Indicate whether ... (Read 15 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Firms exist because of the low cost associated with creating complete contracts
  Indicate whether the statement is true or false

Question 2

If there were five firms in an industry each with a 20 market share, what would the Herfindahl-Hirschman Index equal?
 a. 80
 b. 800
 c. 1,600
  d. 2,000


Kjones0604

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

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?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Complete Menstrual Cycle Complete Menstrual Cycle
Creating Complex Molecules Creating Complex Molecules
Eggs, milk, and cheese are complete proteins, because they are animal products. Eggs, milk, and cheese are complete proteins, because they are animal products.
Fixed bed state (i) and complete fluidization (ii) Fixed bed state (i) and complete fluidization (ii)
I guess condoms don't exist then? I guess condoms don't exist then?
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: Bone Growth and Remodeling

For a complete list of videos, visit our video library