The Justice Department Considers a Herfindahl Index That Is ____________________________

question 33

Multiple Choice

The Justice Department considers a Herfindahl index that is ____________________________ to be representative of a moderately concentrated industry.

• A)less than 1,000
• B)between 1,000 and 1,800
• C)greater than 1,800
• D)greater than 2,000

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Definitions:

Revenues

The total amount of money earned by a business from its normal business activities, before any expenses are subtracted.