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Author Question: The government can use taxes to A) change production in a market with an external cost to the ... (Read 91 times)

WWatsford

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on: Jun 29, 2018
The government can use taxes to
 
  A) change production in a market with an external cost to the efficient amount.
  B) change production in a market with an external benefit to the efficient amount.
  C) increase production.
  D) decrease price.

Question 2

The table above lists the market shares of the twenty makers of personal computers. Based upon the Herfindahl-Hirschman Index for this industry, the Justice Department would
 
  A) regard the industry as highly concentrated.
  B) be against any two firms merging.
  C) consider the market oligopolistic.
  D) regard the industry as competitive.


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epscape

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

A

Answer to Question 2

D


WWatsford

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Reply 2 on: Jun 29, 2018
Wow, this really help

ttt030911

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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