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Author Question: If two large firms from different industries merge, a. industry concentration rises b. industry ... (Read 100 times)

Mr3Hunna

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  • Posts: 536
on: Jun 30, 2018
If two large firms from different industries merge,
 a. industry concentration rises
  b. industry concentration falls
  c. the total assets of the top 200 firms in the country will stay the same
  d. industry concentration rises in one market and falls in the other
  e. industry concentration is not affected

Question 2

Allocative efficiency occurs in markets when
 a. marginal benefit and marginal cost for the last unit sold are equal
  b. resources can be reallocated to increase the value of total output
  c. goods are produced at the minimum of average total cost
  d. goods are distributed evenly among consumers
  e. government establishes price ceilings below the market price


millet

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


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