« previous next »

Author Question: According to current Justice Department guidelines, mergers in an industry are seldom challenged if ... (Read 77 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
on: Jun 30, 2018
According to current Justice Department guidelines, mergers in an industry are seldom challenged if the industry
 a. would have a postmerger Herfindahl index greater than 1,800
  b. would have a postmerger Herfindahl index less than 1,000
  c. has a premerger Herfindahl index greater than 1,800
  d. has a premerger Herfindahl index less than 1,000
  e. has a premerger Herfindahl index equal to 10,000

Question 2

If a market is allocatively efficient,
 a. firms are minimizing marginal cost
  b. firms are minimizing total cost
  c. consumers are minimizing expenditures
  d. it must be impossible to increase total utility
  e. it must be impossible to decrease output


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Centers for disease control and prevention guidelines Centers for disease control and prevention guidelines
This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande This lithograph by Currier and Ives gives an erroneous impression of the “battle.” Major Robert Ande
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay. Hookup for testing fuel-pump current draw on any vehicle equipped with a fuel-pump relay.
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
Should School Meals Align with the Dietary Guidelines for Americans? Should School Meals Align with the Dietary Guidelines for Americans?
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library