The higher the HHI
A) the less dominated a market is by a single firm.
B) the more competitive is the market.
C) the more dominated a market is by a single firm.
D) the less likely the Sherman Act will be applied to a firm.
C
You might also like to view...
If there is an increase in the amount of currency held outside banks, then the
A) quantity of money and the monetary base will decrease. B) monetary base will decrease. C) quantity of money will increase. D) quantity of money will not change. E) quantity of money will decrease.
As long as wage increases do not exceed labor productivity growth rates, a stable price level should be the result
a. True b. False Indicate whether the statement is true or false
European corporations have been described with the term:
a. laissez faire b. indirect capitalism c. shareholder capitalism d. managerial capitalism e. all of the above
Which of the following equals the ratio of the change in total revenues over the change in output?
A) total cost B) average revenue C) demand D) marginal revenue