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Author Question: The automobile industry in Richland has a Herfindahl-Hirschman Index of 5,600. This implies that the ... (Read 113 times)

DyllonKazuo

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on: Jun 29, 2018
The automobile industry in Richland has a Herfindahl-Hirschman Index of 5,600. This implies that the automobile industry in Richland is ________.
 
  A) dominated by a few buyers
  B) moderately concentrated
  C) highly concentrated
  D) perfectly competitive

Question 2

Which of the following is most likely to increase an individual's current spending?
 
  A) Paying back a loan today
  B) Borrowing money today
  C) Depositing money today
  D) Withdrawing money in the future


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blfontai

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

C

Answer to Question 2

B


DyllonKazuo

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Reply #2 on: Jun 29, 2018
Thank you


blfontai

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Reply #3 on: Jun 29, 2018
No problemo


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