(Table) the Table Shows Sales from All 10 Stores in the Grocery

question 302

Multiple Choice

(Table) The table shows sales from all 10 stores in the grocery industry. The Herfindahl-Hirschman Index is
$\begin{array}{c}\hline {\text { Grocery Store Industry }} \\\begin{array}{|c|c|}\hline \text { Firm } & \begin{array}{c}\text { Sales } \\\text { (S million) }\end{array} \\\hline 1 & 20 \\\hline 2 & 18 \\\hline 3 & 16 \\\hline 4 & 13 \\\hline 5 & 10 \\\hline 6 & 8 \\\hline 7 & 6 \\\hline 8 & 5 \\\hline 9 & 3 \\\hline 10 & 1 \\\hline\end{array}\end{array}$

• A) 1,425.
• B) 1,895.
• C) 1,384.
• D) 1,595.

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Definitions:

SARA

An acronym standing for the Species at Risk Act, a Canadian law enacted to provide for the recovery of wildlife species that are at risk of extinction.

Captive Breeding

A conservation strategy involving the breeding of endangered species in controlled environments, such as wildlife reserves or zoos, with the aim of reintroducing them to their natural habitats.

Extinction Spasm

Extinction Spasm is a rapid increase in the rate of extinction experienced by species within a relatively short geological period, often due to human activities.

Eco-Catastrophe

A major ecological disaster or event that causes significant harm to the environment and living organisms.