According to current Justice Department guidelines, mergers in an industry are seldom challenged if the industry
a. would have a postmerger Herfindahl index greater than 1,800
b. would have a postmerger Herfindahl index less than 1,000
c. has a premerger Herfindahl index greater than 1,800
d. has a premerger Herfindahl index less than 1,000
e. has a premerger Herfindahl index equal to 10,000
Question 2
If a market is allocatively efficient,
a. firms are minimizing marginal cost
b. firms are minimizing total cost
c. consumers are minimizing expenditures
d. it must be impossible to increase total utility
e. it must be impossible to decrease output
bio industry
Mathematical Rules and Guidelines
A physical therapist exercising the patient’s leg in a physical therapy department.
Industry is responsible for 21% of global greenhouse gas emissions
The Dietary Guidelines for Americans at a Glance
Guidelines for Field Triage of Injured Patients, Centers for Disease Control, 2011