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Author Question: The local banking industry currently has a Herfindahl-Hirschman index (HHI) value of 1945 and two of ... (Read 92 times)

dollx

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on: Jun 29, 2018
The local banking industry currently has a Herfindahl-Hirschman index (HHI) value of 1945 and two of the competing banks have considered merging. Because the merger would raise the HHI by 155 points, the Federal Trade Commission would likely
 
  A) challenge the merger.
  B) not challenge the merger.
  C) allow the merger as long as the HHI did not increase by more than 155 points as promised.
  D) allow the merger under the condition that the HHI remain at the premerger level of 1875.

Question 2

In the above figure, the total revenue for a single-price monopolist is shown by the area
 
  A) 0P5fQ1.
  B) P2P4eb.
  C) 0P3cQ1.
  D) 0P4eQ3.


fffftttt

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

A

Answer to Question 2

A


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dollx

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Reply #2 on: Jun 29, 2018
Thank you


fffftttt

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Reply #3 on: Jun 29, 2018
No problemo


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