Author Question: The Herfindahl-Hirschman Index will indicate that a contestable market is ________. A) a ... (Read 111 times)

RODY.ELKHALIL · **on:** Jun 29, 2018

The Herfindahl-Hirschman Index will indicate that a contestable market is ________.

A) a sequential market
B) competitive
C) uncompetitive
D) a prisoners' dilemma

Question 2

Goldie is indifferent between option A, which gives her 9,000 for sure, and option B, which gives her 3,000 with probability 1/3 or 18,000 with probability 2/3. Goldie's cost of risk for option B is

A) zero.
B) 1,000.
C) 3,000.
D) 4,000.