« previous next »

Author Question: Firms exist because of the low cost associated with creating complete contracts Indicate whether ... (Read 16 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Firms exist because of the low cost associated with creating complete contracts
  Indicate whether the statement is true or false

Question 2

If there were five firms in an industry each with a 20 market share, what would the Herfindahl-Hirschman Index equal?
 a. 80
 b. 800
 c. 1,600
  d. 2,000


Kjones0604

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into Cryptorchidism. (a) In complete cryptorchidism, the testes of a newborn have failed to descend into
The complete oxidation of 1 mole of glucose generates about 30–32 moles of ATP synthesized from ... The complete oxidation of 1 mole of glucose generates about 30–32 moles of ATP synthesized from ...
Infant formula is available in several forms and varies in cost and ingredients Infant formula is available in several forms and varies in cost and ingredients
Cost of Copying for the Follower Country Cost of Copying for the Follower Country
Computers Are Your Future Complete Computers Are Your Future Complete
Competitive firms and maximization Competitive firms and maximization
Video: Stroke volume - contractility definition

For a complete list of videos, visit our video library