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Author Question: A narrowly diversified firm has wide economies of scope. Indicate whether the statement is true or ... (Read 54 times)

appyboo

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on: Jun 30, 2018
A narrowly diversified firm has wide economies of scope.
  Indicate whether the statement is true or false

Question 2

If the firms in an industry represented 35, 25, 20, 15, and 5 of the market's total revenues, respectively, what would be the measure of the Herfindahl-Hirschman Index for this industry?
 a. 2,500
 b. 3,525
 c. 7,725
 d. 10,000


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jasonq

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

False

Answer to Question 2

a


appyboo

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

gcook

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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