Justice Department Guidelines Indicate That They Will Challenge Mergers in Highly

question 22

Multiple Choice

Justice Department guidelines indicate that they will challenge mergers in highly concentrated industries if the postmerger index changes by more than _____points, with presumption of enhanced market power if the change is more than _____points.

• A) 50; 100
• B) 50; 2500
• C) 100; 200
• D) 1,000; 2,500

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Definitions:

Percent Equivalent

The numerical value of a fraction expressed as a percentage.

Rounded

The process of adjusting a numerical figure to its nearest specified place value, such as to the nearest whole number.

Significant Figures

The number of digits in a value that contribute to its precision, typically starting with the first non-zero digit.

Percent

A mathematical term that represents a number as a fraction of 100.