Merger guidelines developed by the Antitrust Division of the U.S. Department of Justice use four-firm concentration ratios as measures of concentration

Indicate whether the statement is true or false


FALSE

Economics

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Refer to the scenario above. What is likely to be the impact on Firm A's sales if Firm A decides to sponsor the event while Firm B decides not to sponsor the event?

A) A 5% increase in sales B) A 2% increase in sales C) A 7% increase in sales D) A 0% increase in sales

Economics

Are all categories of government expenditures included in gross domestic product? What government activities are not included in GDP?

What will be an ideal response?

Economics

Which of the following statements best describes the relationship between a stronger currency and exports?

a. A stronger euro discourages exports by a European firm because it makes the costs of production in the domestic currency higher relative to the sales revenues earned in another country. b. A stronger euro encourages exports by a European firm because it makes the costs of production in the domestic currency higher relative to the sales revenues earned in another country. c. A stronger euro discourages exports by a European firm because it makes the costs of production in the domestic currency lower relative to the sales revenues earned in another country. d. A stronger euro encourages exports by a European firm because it makes the costs of production in the domestic currency lower relative to the sales revenues earned in another country.

Economics

Which of the following is not an example of signaling?

a. screening b. advertising c. getting an education d. gift giving

Economics