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Author Question: If an increase in one variable causes a decrease in another variable, this is A) a direct ... (Read 88 times)

captainjonesify

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on: Jun 29, 2018
If an increase in one variable causes a decrease in another variable, this is
 
  A) a direct relationship.
  B) a dependent relationship.
  C) an independent relationship.
  D) an inverse relationship.

Question 2

Suppose an industry is composed of 10 firms. Each firm's share of total sales in the industry is 10 percent. If two of the firms merge, then the four-firm concentration ratio in the industry is
 
  A) 40 percent.
  B) 45 percent.
  C) 50 percent.
  D) unable to determine.


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lou

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


captainjonesify

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

scottmt

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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