Market Share in the Widget Industry

question 228

Multiple Choice

Market share in the Widget industry

-Using the market shares in the table above, if Widgotech buys Widgette the HHI will

• A) stay the same.
• B) rise by 1 point.
• C) rise by 10 points.
• D) rise by 18 points.

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Definitions:

Gatekeeper

A person who controls access to the media and decides if a story or news item will be published, posted, or put on the air at a TV or radio station, for example, an editor, producer, or reporter.

Opinion Leader

An individual who has the ability to influence the opinions, beliefs, or behaviors of others due to their authority, knowledge, position, or relationship.

Pew Research Center

A nonpartisan fact tank that conducts public opinion polling, demographic research, and content analysis to inform the public about issues, attitudes, and trends shaping the world.

Newspaper Industry

The Newspaper Industry comprises companies and entities that publish newspapers, which are scheduled publications containing news, information, and advertising.