This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: There are 30 firms in an industry. What happens to that industry's four-firm concentration when the ... (Read 110 times)

JGIBBSON

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
There are 30 firms in an industry. What happens to that industry's four-firm concentration when the third- and fourth-largest firms merge?
 
  A) Nothing, because their shares are already included in the concentration calculation.
  B) The industry's concentration ratio will fall.
  C) The industry's concentration ratio will increase.
  D) It is impossible to know without more information.

Question 2

Commonwealth Edison is the only provider of electricity to many households in the Chicago area. Commonwealth Edison is regulated by the government. This type of regulation is known as
 
  A) the Federal Register.
  B) social regulation.
  C) the market share test.
  D) economic regulation.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cpetit11

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


JGIBBSON

  • Member
  • Posts: 538
Reply 2 on: Jun 29, 2018
Excellent

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Firms Incorporated into U.S. Steel Firms Incorporated into U.S. Steel
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ... Exchange of gases between lungs and blood. High concentration of CO2 in blood capillary entering the ...
Fluidization - Concentration NaOH Chart Fluidization - Concentration NaOH Chart
In plant fossils, stomatal density is used to estimate CO2 concentration in the atmosphere In plant fossils, stomatal density is used to estimate CO2 concentration in the atmosphere
Smoke Concentration in London, 1585–1940 Smoke Concentration in London, 1585–1940
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library