Markets in which the Herfindahl-Hirschman index ________ are considered not concentrated
A) is less than 1,000
B) is between 1,800 and 2,000
C) is between 1,000 and 1,800
D) is above 2,000
A
You might also like to view...
Consider a graph on which one good Y is on the vertical axis and the only other good X is on the horizontal axis
On this graph the income-consumption curve has a positive slope for low incomes, then it takes a zero slope for a higher income, and then it takes a negative slope for even higher incomes (the curve looks like an arc, first rising and then falling as income increases). This curve illustrates that, for all income levels, A) both X and Y are normal. B) only Y is normal. C) both X and Y are inferior. D) only X is normal.
Suppose the marginal rate of technical substitution for labor with capital is 5, the marginal product of labor is 8, and the marginal product of capital is 4. Assuming the law of diminishing marginal product applies to both labor and capital, this firm:
A. is minimizing the cost of producing its output. B. could reduce costs by using fewer workers and more capital. C. could reduce costs by using less capital and more workers. D. could reduce the cost of producing the output by reducing workers and capital by the same proportion.
Which of the following tests can be used to check for cointegration between two series?
A. Wald test B. Breush-Pagan test C. White test D. Engle-Granger test
What is the name of the 1994 U.S. Housing and Urban Development program which randomly assigned families who applied into three groups and gave families the chance to leave their old neighborhoods?
A) the Neighborhood Gentrification Program B) Choose It or Lose It C) the Housing Choice Voucher Program D) Moving to Opportunity