Multiple Choice
In accordance with their merger guidelines, the Justice Department and the Federal Trade Commission would probably challenge a merger if the
A) number of firms in the industry were very large.
B) industry had a Herfindahl-Hirschman index above 800 and the index rose by 80 points or more.
C) industry had a Herfindahl-Hirschman index above 1,800 and the index rose by 100 points or more.
D) industry had a Herfindahl-Hirschman index below 1,000.
E) firms' markets were very large.
Correct Answer:

Verified
Correct Answer:
Verified
Q100: The type of merger that increases the
Q101: Allowing a natural monopoly to exist is
Q102: One of the most famous price-fixing cases
Q103: A downward-sloping demand curve that incorporates the
Q104: Under incentive regulation, if a regulated natural
Q106: The Federal Trade Commission is likely to
Q107: Regulation of a natural monopoly firm would
Q108: The combining of two firms, one of
Q109: When a firm's average total cost curve
Q110: Should the government try to prevent a