This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Firm Market Share (percent)Firm W30Firm X20Firm Y10Firm Z5 A market has 4 firms in it. The market ... (Read 410 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: May 24, 2019

Firm Market Share (percent)
Firm W30
Firm X20
Firm Y10
Firm Z5

A market has 4 firms in it. The market shares are in the table above. The table represents a(n) ________ market because its ________.
◦ competitive; Herfindahl-Hirschman Index (HHI) equals 1,425
◦ competitive; four-firm concentration ratio equals 65 percent
◦ uncompetitive; Herfindahl-Hirschman Index (HHI) equals 65 percent
◦ perfectly competitive; Herfindahl-Hirschman Index (HHI) is less than 1,500
◦ uncompetitive; four-firm concentration ratio exceeds 60 percent
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Melani1276 on May 24, 2019

Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


Melani1276

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: May 24, 2019
Excellent


Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
For linked genes, recombinant frequencies are less than 50 percent For linked genes, recombinant frequencies are less than 50 percent
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Share of Human Capital in Wages in Advanced Countries Share of Human Capital in Wages in Advanced Countries
Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent) Belief that premarital sex is “not wrong at all,” Canada, 1975—2016 (in percent)
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library