What Is Defined by the Number and Size Distribution of the Firms

question 6

Multiple Choice

What is defined by the number and size distribution of the firms in a market?

• A)Herfindahl index
• B)Market share
• C)Market structure
• D)SSNIP
• E)Numbers-equivalent of firms

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Definitions:

Dishonored Note

A promissory note that has not been paid by the maker at its maturity date.

Interest Calculation

The process of determining the amount of interest earned or paid over a period of time on investments or loans.

Direct Write-Off Method

A method of accounting for bad debts that writes off an outstanding account receivable as a bad debt expense only when it becomes evident the debt is uncollectible.

Reinstatement

The process of restoring a previous condition or position, such as reinstating a lapsed insurance policy or an employee's job position.