An Industry Has a Single Firm and Is Found to Have

question 249

Multiple Choice

An industry has a single firm and is found to have violated antitrust laws. The government breaks it up into two firms that will share the market equally. The Herfindahl index for this industry would change from

• A)100 to 50.
• B)10,000 to 2,500.
• C)100,000 to 50,000.
• D)10,000 to 5,000.

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Definitions:

Record Source

The data source for a database object, such as a form or report, indicating where the object retrieves its data.

Form Wizard

A guided tool in software applications that helps users create forms by walking them through steps to add and configure fields and elements.

Enabled Property

A setting that defines whether a user interface element or feature is active and available for use.

Change Shape Button

A feature in graphic design or drawing software that allows users to modify the geometric shape of graphic objects.