If the Herfindahl-Hirschman index (HHI) among the firms in the long distance telecommunications market were equal to 1755, when would the Federal Trade Commission probably challenge a proposed merger between any two of the firms?
A) It would challenge if the HHI would increase by more than 50 points.
B) It would challenge if the HHI would increase by more than 100 points.
C) It would challenge no matter what happened to the HHI because the market has so few firms.
D) It would not challenge because the HHI is less than 1800.
B
You might also like to view...
The Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association were established by Congress in order to regulate banks that buy and sell mortgage-backed securities
Indicate whether the statement is true or false
When the economy is experiencing a negative output gap:
A. the economy may be in a recession. B. there is little inflationary pressure due to low demand. C. some people and some capital are unemployed. D. All of these statements are true.
Appreciation of the Canadian dollar will:
A. intensify an existing disequilibrium in Canada's balance of payments. B. make Canada's exports less expensive and its imports more expensive. C. make Canada's exports more expensive and its imports less expensive. D. make Canada's exports and imports both more expensive.
In 2016 final sales equal $500 billion and the change in business inventories is -$40 billion. GDP in 2016 is
A. -$40 billion. B. $460 billion. C. $500 billion. D. $540 billion.