The Justice Department Has Been Asked to Review a Merger

question 45

Multiple Choice

The Justice Department has been asked to review a merger request for a market with the following four firms.
$$\begin{array} { c r } \text { Fim } & \text { Assets } \\\text { A } & \$ 10 \text { million } \\B & 20 \text { million } \\\text { C } & 100 \text { million } \\\text { D } & 30 \text { million }\end{array}$$
If Firm A acquires Firm D, what is the HHI for the new market?

• A) 100
• B) 625
• C) 3,906.25
• D) 4,687.50

---

Definitions:

Happy Voice

A vocal expression that conveys joy and positivity, often characterized by a higher pitch and lively intonation.

Social Conformity

The act of matching attitudes, beliefs, and behaviors to what is perceived as societal norms or expectations.

North America

A continent entirely within the Northern Hemisphere and almost wholly within the Western Hemisphere; it is bordered by the Arctic Ocean to the north, Atlantic Ocean to the east, Pacific Ocean to the west and south, and South America and the Caribbean Sea to the southeast.

Japan

An island country located in East Asia, known for its rich culture, technological advancements, and as the world's third-largest economy.