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Tidy Tidy
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Posts: 4852
9 years ago
The Herfindahl-Hirschman Index is one factor used to determine whether a merger between two firms should be allowed. Which of the following statements regarding the value of the Index for a given industry is true?
A) If a merger would result in an Index value less than 1,000, the merger would not be challenged.
B) If a merger would result in an Index value of 1,000 or more, the industry would be considered a monopoly and the merger would be challenged.
C) If a merger resulted in an Index of between 1,000 and 1,800, the industry would be considered competitive and the merger would not be challenged.
D) If a merger would increase the Index by 100, the industry would be considered a monopoly and the merger would be challenged.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 196 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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Posts: 1913
9 years ago
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Tidy Author
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9 years ago
Good timing, thanks!
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Yesterday
You make an excellent tutor!
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2 hours ago
Brilliant
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