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

Author Question: Which of the following statements pertains to the four-firm concentration ratio? I. It is the ... (Read 81 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
on: Jun 29, 2018
Which of the following statements pertains to the four-firm concentration ratio? I. It is the percentage of the value of sales accounted for by the four largest firms in an industry. II.
 
  A high concentration ratio is indicative of a high degree of competition. III. The ratio is used to measure product differentiation. A) I only
  B) I, II only
  C) I, III only
  D) I, II, and III

Question 2

Long Beach Island, off the coast of New Jersey, is considering building a system of satellite towers that will enhance communication during emergencies such as hurricanes.
 
  The efficient quantity of satellite towers is definitely the quantity of such that the A) marginal social cost is equal to the marginal social benefit.
  B) marginal private cost is equal to the marginal social benefit.
  C) marginal social cost is less than the marginal social benefit.
  D) marginal private cost is less than the marginal social benefit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


ashley

  • Member
  • Posts: 584
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

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?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
Examples of Mission Statements Examples of Mission Statements
Solute concentration of medulla Solute concentration of medulla
What is the concentration ? What is the concentration ?
Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library