If There Are Eight Firms in a Market and Each

question 151

Multiple Choice

If there are eight firms in a market and each has an equal market share, the Herfindahl- Hirschman Index (HHI) is and the market is_____considered to be ______ .

• A)1,250; competitive
• B)1,250; moderately competitive
• C)2,800; competitive
• D)2,800; moderately competitive

---

Definitions:

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification system used by mental health professionals to diagnose and categorize mental disorders.

Psychological Disorder

A pattern of behavioral or psychological symptoms that impact multiple areas of life and create distress for the person affected.

Treatment Goals

Specific, measurable objectives set for a patient or client to achieve as a result of therapeutic intervention.

Assessment Report

A document that outlines the presenting problem that led the client to seek counseling, summarizes the services provided, and addresses the outcomes of those services that were provided.