According to U.S. antitrust enforcement guidelines, a merger is likely to be challenged if
A) the HHI decreases after the merger.
B) the industry after the merger has an HHI above 1,800 and the HHI rises by more than 100.
C) the industry after the merger has an HHI above 1,800 and the HHI falls by more than 100.
D) the industry after the merger has an HHI above 1,000 and the HHI rises by more than 10.
Answer: B
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Suppose society wants to increase the number of teachers in society but doesn't want to pay teachers any more in salary and benefits. This could only occur by
A) making it more expensive to become a teacher, perhaps by raising college tuition rates. B) making it less expensive to become a teacher, perhaps by offering subsidies to college tuition. C) making computers more powerful. D) increasing the income of student parents.
In the actual economy, goods and services are purchased by
a. households, but not firms or the government. b. households and firms, but not the government. c. households and the government, but not firms. d. households, firms, and the government.
______________ is the amount of production provided per unit of a factor of production.
Fill in the blank(s) with the appropriate word(s).
Mary is a bagger at Glen's Market. On a weekly average, she works 30 hours and fills 876 bags of groceries. Her productivity is ___________ bags of groceries per hour.
A. 29.2 B. 26.2 C. 28.6 D. 22.8