Which of the Following Is True of a Majority Decision

question 42

Multiple Choice

Which of the following is true of a majority decision made by the U.S.Supreme Court?

• A)All the judges agree as to the outcome and reasoning used to decide a case.
• B)A majority of the judges agree as to the outcome but not the reasoning used to decide a case.
• C)A majority of the justices agree as to the outcome and reasoning used to decide a case.
• D)An equal number of justices vote for and against the petitioner,and the case remains undecided.

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Definitions:

Market Shares

The share of a market that a specific company holds, typically represented by the percentage of total market sales it accounts for.

Herfindahl Index

The Herfindahl Index is a measure of market concentration used to determine the intensity of competition within an industry, calculated by summing the squares of the market shares of all firms within the market.

Import Competition

The pressure on domestic companies from foreign producers offering goods or services in the same market.

Herfindahl Index

A measure of market concentration that squares and then sums the market share percentages of all firms within the industry.