How would a merger between Coca-Cola and Pepsi Cola affect the four-firm concentration ratio for the soft drink market? How would it affect the Herfindahl-Hirschman Index for the soft drink market?
What will be an ideal response?
Both Coca-Cola and Pepsi Cola are among the four largest firms in the soft drink market, so a merger between the two firms would (drastically) raise the four-firm concentration ratio and (drastically) raise the Herfindahl-Hirschman Index.
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Goods and services are produced by using four factors of production:
A) land, labor, capital, and entrepreneurshi
Which of the following statements is most correct?
a. The average education of women in the labor force is greater than the average education of men in the labor force. b. Women now constitute over 50% of the labor force of scientists. c. More women than men are currently enrolled in undergraduate and graduate programs. d. Women constitute less than 50% of the current undergraduates in the nation.
All of the following are examples of producer goods except: a. machinery
b. tools. c. appliances. d. factory buildings.
Which of the following was a cause of the savings and loan crisis that occurred in the 1980s?
a. the increasing rates of inflation throughout the 1970s b. savings and loans investing in high-risk ventures including real estate projects c. government deregulation in the 1980s d. all of the above