The government used the Herfindahl-Hirschman index to determine if a proposed merger will lead to excessive concentration.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Refer to Figure 2-6. If the economy is currently producing at point E, what is the opportunity cost of moving to point B?
A) 60 thousand spoons B) 26 thousand forks C) 0 spoons D) 20 thousand forks
Which of the following has been offered as a possible explanation to the evidence that the exchange-rate pass-through effect to import prices has been declining in developed economies?
A) That foreign exporters have been increasingly adopting "pricing-to-market" policies. B) That transaction costs have decreased in recent years. C) That global leaders have encouraged this phenomenon. D) That the share of imports with prices more sensitive to exchange rates has been increasing.
In U.S. v. Addyston Pipe and Steel Company (1898), the Supreme Court ruled that
a. horizontal mergers were a violation of the Sherman Act. b. vertical mergers were a violation of the Sherman Act. c. collusive agreements among competing firms were a violation of the Sherman Act. d. mergers that created "corporate monoliths" were a violation of the Sherman Act.
Which of the following is an example of capital?
A. Money B. A bulldozer C. A CD D. A U.S. Savings bond