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Author Question: Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 ... (Read 140 times)

bb

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on: Jun 29, 2018
Suppose there are four firms in an industry. The market shares of the four firms are 5 percent, 20 percent, 35 percent, and 40 percent. The Herfindahl-Hirschman index for that industry is
 
  A) 6,650.
  B) 3,250.
  C) 1,250.
  D) 100.

Question 2

The largest component of U.S. federal spending that contributes to the U.S. government budget deficit is
 
  A) entitlements.
  B) military spending.
  C) interest expenses.
  D) salaries of government employees.


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yuyiding

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

B

Answer to Question 2

A


bb

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Reply 2 on: Jun 29, 2018
Gracias!

meow1234

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Reply 3 on: Yesterday
:D TYSM

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