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Author Question: Whenever the largest firm in a concentrated industry breaks into two equal sized parts, the four ... (Read 34 times)

Ebrown

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on: Jun 30, 2018
Whenever the largest firm in a concentrated industry breaks into two equal sized parts, the four firm concentration ratio ___ and the Herfindahl-Hirschman Index ____:
 a. Will fall; will fall.
 b. Will fall; may fall or stay the same.
 c. May fall or stay the same; will fall.
 d. May fall or stay the same; May fall or stay the same.

Question 2

An insured person's incentive to behave in ways that raise the probability of a claim is known as:
 a. a moral hazard.
  b. the lemons problem.
  c. the problem of adverse selection.
  d. the problem of advantageous selection.


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heinisk01

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

A


Ebrown

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Reply 2 on: Jun 30, 2018
:D TYSM

scikid

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Reply 3 on: Yesterday
Excellent

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