As the Federal Trade Commission Currently Interprets the Herfindahl-Hirschman Index

question 175

Multiple Choice

As the Federal Trade Commission currently interprets the Herfindahl-Hirschman index (HHI) , an industry is considered to be moderately concentrated if the HHI value is

• A) between 100 and 1,500.
• B) between 1,500 and 2,500.
• C) between 1,000 and 3,500.
• D) between 3,000 and 6,000.

---

Definitions:

Contingency Responding

A learning process where the learner adjusts behaviors based on the presence of specific stimuli and the consequences that follow those behaviors.

Instrumental Conditioning

A learning process in which behavior is modified through the use of rewards or punishments.

Fixed-Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, leading to a high and steady rate of response.

Fixed-Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, leading to a pattern of responses.