The Lerner index measures A) a firm's potential monopoly ...

[craiczarry]

The Lerner index measures
 
  A) a firm's potential monopoly power.
  B) the amount of monopoly power a firm chooses to exercises when maximizing profits.
  C) a firm's potential profitability.
  D) an industry's potential market power.

Question 2

If an asset's beta is high, its
 
  A) diversifiable risk and expected return are high.
  B) nondiversifiable risk and expected return are high.
  C) diversifiable risk is high; its expected return is low.
  D) nondiversifiable risk is high; its expected return is low.
  E) total risk is high; its return could be any amount.

[flexer1n1]

Answer to Question 1

B

Answer to Question 2

B

[craiczarry]

TYSM

[Chelseyj.hasty]

Excellent