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Author Question: According to William Shepherd, in the U.S. economy a. Herfindahl indexes have been increasing, ... (Read 49 times)

craiczarry

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on: Jun 30, 2018
According to William Shepherd, in the U.S. economy
 a. Herfindahl indexes have been increasing, indicating a decrease in competitiveness
  b. Herfindahl indexes have been decreasing, indicating a decrease in competitiveness
  c. the market share of the largest manufacturing firms has increased, indicating a decrease in competitiveness
  d. competition has decreased because of exports, regulation, and insufficient antitrust activity
  e. competition has increased because of more imports, deregulation, and antitrust activity

Question 2

In the short run, producer surplus equals
 a. TR - VC
  b. TR - AVC
  c. TR + VC
  d. TR - AFC
  e. TR + TC


fffftttt

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

E

Answer to Question 2

A


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