This topic contains a solution. Click here to go to the answer

Author Question: Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must ... (Read 101 times)

bobthebuilder

  • Hero Member
  • *****
  • Posts: 567
Compare two markets. In one market, the HHI is 500, in the other market the HHI is 1,500. What must be true of these two markets?
◦ The firms in the market in which the HHI is 1,500 have less market power than do the firms in the market in which the HHI is 500.
◦ There are more firms in the market in which the HHI is 1,500 than in the market in which the HHI is 500.
◦ The market in which the HHI is 500 is, by definition, an oligopoly but the market in which the HHI is 1,500 is not an oligopoly.
◦ The firms in the market in which the HHI is 1,500 have greater market power than do the firms in the market in which the HHI is 500.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobthebuilder on Jul 20, 2019

brittanywood

  • Sr. Member
  • ****
  • Posts: 355
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly





 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

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.

For a complete list of videos, visit our video library