« previous next »

Author Question: The above table shows the market shares for all the landscaping services in a suburban area. The ... (Read 50 times)

geodog55

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
The above table shows the market shares for all the landscaping services in a suburban area. The Herfindahl-Hirschman Index (HHI) equals
 
  A) 65.
  B) 900.
  C) 1400.
  D) 1600.

Question 2

The marginal rate of substitution is equal to the ________.
 
  A) marginal cost of each good
  B) magnitude of the slope of the indifference curve
  C) inverse of the slope of the budget line
  D) relative price of the two goods


hugthug12

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Lake 226 at the Experimental Lakes Area divided in half. Lake 226 at the Experimental Lakes Area divided in half.
Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ... Mobilize knuckles with figure-8s. Turn the hand so palm faces the table. Grasp the proximal phalange ...
Stretch anterior tissues by pressing down on shoulders. Stand at the head of the table. Place the ... Stretch anterior tissues by pressing down on shoulders. Stand at the head of the table. Place the ...
Main Hall, Trajan's Market Main Hall, Trajan's Market
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Construct a Lorenz curve that shows income distribution in this society. Construct a Lorenz curve that shows income distribution in this society.
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library