Refer to the table. The Herfindahl index for Cappa is:
Answer the question on the basis of the following table showing market shares of firms in hypothetical industries. Assume these are distinct industries with no buyer-seller relationships or competition among them.
A. 2,500.
B. 100.
C. 100,000.
D. 5,000.
A. 2,500.
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Based on most observations, what are the effects on government budgets from the national health care program?
A) Tax revenues will not flow into the new program immediately. B) The federal government ultimately will have to search for ways to reduce its health care expenditures. C) Federal government expenditures on the program are being phased in immediately. D) the federal government ultimately will lower taxes since the program's cost will decline over time.
When grocery stores offer discount coupons on Sunday papers, it is trying to
a. Price discriminate b. Undercut its competition c. Reward the frequent readers d. Provide a social service
If speculators bid up the value of the dollar in the market for foreign-currency exchange, U.S. aggregate demand would shift to the left
a. True b. False Indicate whether the statement is true or false
Starting salaries for female OB/GYNs are higher than those of male OB/GYNs. What is the best explanation for this?
a. Female OB/GYNs have more human capital than male OB/GYNs. b. Female OB/GYNs are smarter than male OB/GYNs. c. More males are in OB/GYN residency programs than females. d. The demand for female OB/GYNs is greater than the demand for male OB/GYNs. e. The demand for female OB/GYNs is less than the demand for male OB/GYNs.