-The Highest Herfindahl-Hirschman Index
A)is in Industry X

question 154

Multiple Choice

$~~~~~~~\text { Industry } X ~~~~~~~~~~~~~~~~~~~ \text { Industry } Y ~~~~~~~~~~~~~~~~ \text { Industry } Z\\\begin{array}{cccccc}&\text { Market } && \text { Market } && \text { Market }\\\text { Firm } & \text { Share (\%) } & \text { Firm } & \text { Share (\%) } & \text { Firm } & \text { Share (\%) } \\1 & 25 & 1 & 30 & 1 & 30 \\2 & 20 & 2 & 20 & 2 & 30 \\3 & 15 & 3 & 15 & 3 & 15 \\4 & 10 & 4 & 15 & 4 & 10 \\5 & 10 & 5 & 10 & 5 & 10 \\6 & 10 & 6 & 5 & 6 & 5 \\7 & 10 & 7 & 5 & &\end{array}$
-The highest Herfindahl-Hirschman index

• A)is in Industry X.
• B)is in Industry Y.
• C)is in Industry Z.
• D)cannot be determined.

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Definitions:

Authoritarianism

A tendency to adhere rigidly to conventional values and to obey recognized authority.

Machiavellianism

A personality trait that involves manipulation and exploitation of others, a cynical disregard for morality, and a focus on self-interest and deception.

Internal Locus Of Control

The belief that individuals control their own destiny and outcomes based on their actions and decisions.

Proactive Personality

The disposition that identifies whether or not individuals act to influence their environments.