Question : 41) Suppose that an industry has an HHI of 1,900. : 1238872

Economics

41) Suppose that an industry has an HHI of 1,900. Two firms in the industry want to merge. Under which conditions will the Federal Trade Commission challenge the merger?

A) The market is considered competitive, so the merger will not be challenged.

B) The merger will be challenged if it raises the HHI by 100 or more points.

C) The merger will be challenged if it raises the HHI by 50 or more points.

D) The merger will be challenged if it raises the HHI by 200 or more points.

E) The merger will be challenged if it raises the HHI by 500 or more points.

42) In order for the Federal Trade Commission to consider an industry concentrated, the industry must have a Herfindahl-Hirschman Index of

A) less than 1,000.

B) between 1,000 and 1,400.

C) greater than 1,800.

D) less than zero.

E) between 1,400 and 1,800.

43) The Federal Trade Commission ________ the merger between AT&T and T-Mobile because the merger was projected to ________.

A) did not approve; increase the HHI by at least 700 points and reduce market competitiveness

B) approved; increase the HHI by only 700 points and not substantially affect market competitiveness

C) approved; decrease the HHI by almost 500 points

D) did not approve; increase the four-firm concentration ratio by 20 percent

E) did not approve; cause the firms to engage in predatory pricing

44) The first antitrust act was ________ passed in ________.

A) the Clayton Act; 1890

B) the Sherman Act; 1890

C) the Clinton Act; 1999

D) the Rockefeller Act; 1890

E) the Clayton Act; 1914

45) The Clayton Act

A) replaced the Sherman Act.

B) along with its amendments, outlawed several business practices if they substantially lessened competition or created monopoly.

C) along with its amendments, prohibited all business practices that substantially lessen competition or create monopoly.

D) was the first anti-trust law in the United States.

E) was repealed in 1985.

46) Which of the following is (are) prohibited if it substantially lessens competition or creates a monopoly?

i.price discrimination

ii.tying arrangements

iii.exclusive dealing

A) i only

B) ii only

C) ii and iii

D) iii only

E) i, ii, and iii

47) If Polka Cola agrees to sell its cola to a retailer only if the retailer also buys a lemon-lime drink, Polka Up, then Polka Cola is engaged in

A) a tying arrangement.

B) a requirement contracts.

C) an exclusive deal.

D) territorial confinement.

E) price discrimination.

48) Which of the following is always illegal?

A) possessing a very large market share

B) selling at a price below other producers because of efficiency

C) price fixing

D) attempting to merge with a competitor

E) price discrimination

49) Resale price maintenance

A) can lead to efficiency by preventing low-price shops from being free riders.

B) can lead to inefficiency by preventing low-price shops from being free riders.

C) is always legal.

D) is a clear example of predatory pricing.

E) is an example of a tying arrangement.

50) Predatory pricing occurs when a firm sets a ________ price to drive competitors out of business with the intention of then setting a ________ price.

A) monopoly; high

B) monopoly; low

C) low; monopoly

D) low; low

E) high; monopoly

51) In the case against Microsoft, it was claimed that combining Internet Explorer and Windows was

A) predatory pricing.

B) an illegal tying agreement.

C) creating one product that is convenient for the consumers.

D) illegal territorial confinement.

E) an inefficient resale maintenance agreement.

52) In a concentrated industry with a Herfindahl-Hirschman Index that exceeds 1,800, the Federal Trade Commission will challenge any merger that increases the Herfindahl-Hirschman index by a minimum of

A) 50 points.

B) 100 points.

C) 1,000 points.

D) 1,800 points.

E) 10,000 points.

18.5 Chapter Figures

The figure above shows the market for airplanes.

1) Suppose the airplane market is an oligopoly. If the firms act as a monopolist, the price will be ________ and if the firms act as competitors the price will be ________.

A) $13 million per plane; $1 million per plane

B) $1 million per plane; $13 million per plane

C) $13 million per plane; $13 million per plane

D) $1 million per plane; $1 million per plane

E) None of the above answers is correct.

2) Suppose the airplane market is an oligopoly. According to the figure above, if the firms act as a monopolist, the quantity produced will be ________ planes per week, and if the firms act as competitors, the quantity produced will be ________ planes per week.

A) 6; 12

B) 12; 6

C) 0; 6

D) 12; 0

E) None of the above answers is correct.

3) Suppose the airplane market is an oligopoly. According to the figure above, the price can range as high as ________ and as low as ________.

A) $13 million per plane; $1 million per plane

B) $30 million per plane; $13 million per plane

C) $13 million per plane; $13 million per plane

D) $1 million per plane; $1 million per plane

E) None of the above answers is correct.

4) Suppose the airplane market is an oligopoly. According to the figure above, the quantity produced can range as high as ________ planes per week and as low as ________ planes per week.

A) 10; 4

B) 12; 6

C) 6; 0

D) 12; 0

E) None of the above answers is correct.

Continue to order Get a quote

July 1, 2023

Provide 5-6 sentences reply to post below:

Identify flaws in Shawn's ideas about time management and some techniques he can use to figure out how he divides his time.
- I believe Shawn’s time management skills flaws are procrastination, the ability to prioritize, and a little bit of laziness. Some techniques he can do is simply using the calendar on his phone or a planner to write down everything he must do daily. He can save time by planning and prioritizing his daily and academic schedules with either one. Using a planner can help relieve stress knowing when assignments are due and important test dates that are coming up. Online calendars can be synced with his mobile device or tablet.
What strategies can Shawn use to take control and effectively manage his time once he figures out where his time is going?
- One of the strategies he can use is having a time management checklist. On page 55 of “The Pocket Guide to College Success” has a great example on how Shawn can prepare one for himself. Making a to-do list is also a great way of effectively managing his time. He can prioritize his challenging assignments first. To help combat the procrastination he can use the “3..2..1..” trick as a tool to get assignments done instead of waiting until the last minute.
What are some of the advantages and disadvantages of Shawn completing his coursework online, and what is the role of time management when taking online classes?
- The advantage of coursework online is being able to do it on your own time but there is still a deadline you must meet. Another is being able to do it in a setting where he can be relaxed, like a coffee shop or library. A disadvantage is that the flexibility of not having to go to class in person can contribute to his procrastination. One disadvantage of having online courses is the distractions at home when you are doing coursework. You can be easily tempted to go lay down on the couch and turn the tv on. This is where the role of time management and combating procrastination comes in. Dedicating a certain amount of time to classwork each day is a good way to succeed in college. Also dedicating some time to relax and recharge is just as important as putting the time in to do classwork.
What are some potential challenges you think Shawn will face as he navigates his current situation? Do you share any of these time management challenges? If so, what is your plan to combat them?
- Some potential challenges Shawn will face are not having the Grit to make the changes necessary to succeed and balancing his personal life with his academic schedule. Shawn shows he has some lazy tendencies by procrastinating and waiting until the last minute to do assignments and just wanting to relax all weekend. If he doesn’t make a change in his schedule to take care of his schoolwork, he will have a harder time keeping up. I do share some of his time management challenges. Having to work a full-time job and with 3 boys that have school and sports practice all over town all week and games on the weekend, any spare time I have will be dedicated to my course work. My plan to combat them is to come up with a daily/hourly planner to keep track of what free time I have and get ahead of the coursework. Currently, I have a calendar with important events written down. I think having an hourly planner will help me with better planning of my days and time management. It will also help me with balancing my personal life and academic schedule to the hour of each day.

July 1, 2023

Provide 5-6 sentences reply to post below:

Identify flaws in Shawn's ideas about time management and some techniques he can use to figure out how he divides his time.
- I believe Shawn’s time management skills flaws are procrastination, the ability to prioritize, and a little bit of laziness. Some techniques he can do is simply using the calendar on his phone or a planner to write down everything he must do daily. He can save time by planning and prioritizing his daily and academic schedules with either one. Using a planner can help relieve stress knowing when assignments are due and important test dates that are coming up. Online calendars can be synced with his mobile device or tablet.
What strategies can Shawn use to take control and effectively manage his time once he figures out where his time is going?
- One of the strategies he can use is having a time management checklist. On page 55 of “The Pocket Guide to College Success” has a great example on how Shawn can prepare one for himself. Making a to-do list is also a great way of effectively managing his time. He can prioritize his challenging assignments first. To help combat the procrastination he can use the “3..2..1..” trick as a tool to get assignments done instead of waiting until the last minute.
What are some of the advantages and disadvantages of Shawn completing his coursework online, and what is the role of time management when taking online classes?
- The advantage of coursework online is being able to do it on your own time but there is still a deadline you must meet. Another is being able to do it in a setting where he can be relaxed, like a coffee shop or library. A disadvantage is that the flexibility of not having to go to class in person can contribute to his procrastination. One disadvantage of having online courses is the distractions at home when you are doing coursework. You can be easily tempted to go lay down on the couch and turn the tv on. This is where the role of time management and combating procrastination comes in. Dedicating a certain amount of time to classwork each day is a good way to succeed in college. Also dedicating some time to relax and recharge is just as important as putting the time in to do classwork.
What are some potential challenges you think Shawn will face as he navigates his current situation? Do you share any of these time management challenges? If so, what is your plan to combat them?
- Some potential challenges Shawn will face are not having the Grit to make the changes necessary to succeed and balancing his personal life with his academic schedule. Shawn shows he has some lazy tendencies by procrastinating and waiting until the last minute to do assignments and just wanting to relax all weekend. If he doesn’t make a change in his schedule to take care of his schoolwork, he will have a harder time keeping up. I do share some of his time management challenges. Having to work a full-time job and with 3 boys that have school and sports practice all over town all week and games on the weekend, any spare time I have will be dedicated to my course work. My plan to combat them is to come up with a daily/hourly planner to keep track of what free time I have and get ahead of the coursework. Currently, I have a calendar with important events written down. I think having an hourly planner will help me with better planning of my days and time management. It will also help me with balancing my personal life and academic schedule to the hour of each day.

July 1, 2023

Provide 5-6 sentences reply to post below:

Identify flaws in Shawn's ideas about time management and some techniques he can use to figure out how he divides his time.
- I believe Shawn’s time management skills flaws are procrastination, the ability to prioritize, and a little bit of laziness. Some techniques he can do is simply using the calendar on his phone or a planner to write down everything he must do daily. He can save time by planning and prioritizing his daily and academic schedules with either one. Using a planner can help relieve stress knowing when assignments are due and important test dates that are coming up. Online calendars can be synced with his mobile device or tablet.
What strategies can Shawn use to take control and effectively manage his time once he figures out where his time is going?
- One of the strategies he can use is having a time management checklist. On page 55 of “The Pocket Guide to College Success” has a great example on how Shawn can prepare one for himself. Making a to-do list is also a great way of effectively managing his time. He can prioritize his challenging assignments first. To help combat the procrastination he can use the “3..2..1..” trick as a tool to get assignments done instead of waiting until the last minute.
What are some of the advantages and disadvantages of Shawn completing his coursework online, and what is the role of time management when taking online classes?
- The advantage of coursework online is being able to do it on your own time but there is still a deadline you must meet. Another is being able to do it in a setting where he can be relaxed, like a coffee shop or library. A disadvantage is that the flexibility of not having to go to class in person can contribute to his procrastination. One disadvantage of having online courses is the distractions at home when you are doing coursework. You can be easily tempted to go lay down on the couch and turn the tv on. This is where the role of time management and combating procrastination comes in. Dedicating a certain amount of time to classwork each day is a good way to succeed in college. Also dedicating some time to relax and recharge is just as important as putting the time in to do classwork.
What are some potential challenges you think Shawn will face as he navigates his current situation? Do you share any of these time management challenges? If so, what is your plan to combat them?
- Some potential challenges Shawn will face are not having the Grit to make the changes necessary to succeed and balancing his personal life with his academic schedule. Shawn shows he has some lazy tendencies by procrastinating and waiting until the last minute to do assignments and just wanting to relax all weekend. If he doesn’t make a change in his schedule to take care of his schoolwork, he will have a harder time keeping up. I do share some of his time management challenges. Having to work a full-time job and with 3 boys that have school and sports practice all over town all week and games on the weekend, any spare time I have will be dedicated to my course work. My plan to combat them is to come up with a daily/hourly planner to keep track of what free time I have and get ahead of the coursework. Currently, I have a calendar with important events written down. I think having an hourly planner will help me with better planning of my days and time management. It will also help me with balancing my personal life and academic schedule to the hour of each day.

Essay (any type)

August 22, 2022

They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.

Case study

August 22, 2022

Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.

Presentation/PPT

August 22, 2022

The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.

Journal article

August 22, 2022

My third using this writer and absolutely amazing work! Very punctual and very understanding.

Article

August 22, 2022

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

Thesis/Thesis chapter

August 22, 2022

I absolutely love this writer! He/she always cranks out a fabulous paper and follows the assignment guidelines/instructions perfectly. Thanks again for always providing such quality work!!!

Research paper

August 22, 2022

It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.

Lab Report

August 22, 2022

Outstanding work! This writer followed every instruction and my paper came back with an A! I recommend to anyone needing help! Thank you again ❤️

Outline

August 22, 2022

Essay (any type)

August 22, 2022

Made 100% on both the outline and the paper. Quick turnaround time and my writer responded within 30 min or less. Any edits my instructor needed, my writer was patient and worked diligently to accomplish the task. Would recommend my writer to anyone!

Essay (any type)

August 5, 2021

You are making my life so much easier! I am a single mom that works and goes to school. You guys are helping me with my projects so I can have more free time with my son.

Annotated Bibliography

August 5, 2021

I was sure it can fit in a single page but the next time I will add one more page because I am impressed with your professionalism and quality. Will use many more times till I graduate.

Essay (any type)

August 5, 2021

Simple registration and quality services. I just ordered one paper, and it was good enough to pass the exam. That is what I need the most. Good job.

Research Proposal

August 5, 2021

I couldn’t finish my freaking essay, and I was very desperate. A friend of mine sent me a link, and that is how I found out about you guys. Thank you for professional tips and editing. Now, I understand how to write it properly.

Reflection

August 5, 2021

I’m so grateful to you since you managed to complete my term paper in one day! You are definitely the best company ever!

Essay (any type)

August 5, 2021

I am sure on your ability to provide any type of paper I will order. I wish I could develop that skill your writers have to be able to have a flow of ideas and excellent sequencing of thoughts in writing.

Coursework

August 5, 2021

I ordered a thesis paper and was satisfied. All the guys were polite and highly professional, even when I wrote to them several times per day. Thanks for your passion!

Discussion Essay

August 5, 2021

I turned to the service twice, and my papers always were beyond the expectations. To tell the truth, I was ready to find some grammar errors or something like that. However, everything was neat and tidy.

August 5, 2021

My friend recommended Doctor My Essay to me. It is convenient! Now we both turn to the service periodically coz wanna save some time and use it more effectively. I know that while I’m developing my startup, an expert is working on paper. Time management in work!

Research Paper

August 5, 2021

I write all paper works by myself but have some problems with literacy. Actually, I have enormous problems because English is not my native language. However, with proofreading from Doctor My Essay, I can relax and don’t be ashamed of mistakes.

Argumentative Essay

August 5, 2021

Your ability to write concisely is a finding. The paper has a solid argument. It’s clear that the writer understood central claim about the topic. He also presented original ideas to consider.

Coursework

August 5, 2021

That paper got the highest grade in my class and the professor thinks I’m the smartest student. Lol.

Essay (any type)

August 5, 2021

I was convinced that paper writing services are the fiction for naive students. But when it came to my research paper that was to be composed in 72 hours, I had no other options. I made the right choice when I ordered it from you!

Business Plan

August 5, 2021

I was also satisfied with the service. Usually, I write everything by myself, but this time ( I have no idea how it happens!) I missed the deadline. My writer was very responsible, wrote the essay quickly, and kept the instructions. Nice to know that such experts exist!

Annotated Bibliography

August 5, 2021

It is really affordable! The prices start from 9$, which is an excellent proposal on the market. Recently I worked with another service that took much more money and provided lower quality papers.

Research proposal

August 5, 2021

I am absolutely satisfied. I am first timer here. Revision was made quickly, and the author met my expectations. Thanks a lot. Paper is phenomenal.

Essay (any type)

August 5, 2021

Having heard a lot of negative reviews about such services, I was a bit skeptical. However, our cooperation with Doctor My Essay was without pitfalls. I made two comments about the final work, and they re-wrote some parts very promptly. I am satisfied and will turn to them in the future.

Research paper

August 5, 2021

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

Dissertation

August 5, 2021

I understand that buying essays is a doubtful thing. You don’t put effort, don’t represent your ideas… However, I don’t perceive Doctor My Essay as a standard service. They don’t sell papers. They share high expertise!

Coursework

August 5, 2021

According to my previous experience, this service is really the best. They support the client and have competitive writers. I give them a perfect score!

Admission Essay

August 5, 2021

Nice service! It is cool that you can use the calculator on the main page and understand the price policy. For me, it is a huge plus!

Discussion Essay

August 5, 2021

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

Report

August 5, 2021

Your service is excellent! Convenient and not expensive. Thanks for that!

Essay (any type)

August 5, 2021

If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.

Question : 41) Suppose that an industry has an HHI of 1,900. : 1238872

Calculate the price of your order

Our guarantees

Money-back guarantee

Zero-plagiarism guarantee

Free-revision policy

Privacy policy

Fair-cooperation guarantee