This topic contains a solution. Click here to go to the answer

Author Question: As concentration in an industry increases, the value of the Herfindahl index falls. a. True b. ... (Read 89 times)

jho37

  • Hero Member
  • *****
  • Posts: 531
As concentration in an industry increases, the value of the Herfindahl index falls.
 a. True
  b. False

Question 2

Suppose, as a result of a long-run adjustment in a perfectly competitive industry to a change in demand, price and output both fell. Therefore, demand must have __________ in this __________ industry.
 a. fallen; increasing cost
  b. fallen; decreasing cost
  c. increased; increasing cost
  d. increased; decreasing costs
  e. decreased; constant cost



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wshriver

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

B

Answer to Question 2

A




jho37

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

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.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library