If a Firm with a 10 Percent Market Share Merges

question 55

Multiple Choice

If a firm with a 10 percent market share merges with a firm with 15 percent of the market, by how much will the Herfindahl index change? The other firms have 40 percent, 15 percent, 10 percent, and 10 percent shares.

• A)It rises by 100.
• B)It rises by 300.
• C)It falls by 200.
• D)It falls by 250.
• E)It rises by 25.

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Definitions:

Needle Holder

A surgical instrument used to hold a suturing needle during the process of stitching wounds or surgical incisions.

Suture Needle

A type of needle used by surgeons to close wounds or surgical incisions, typically designed to be strong and sharp for passing through tissue with minimal trauma.

Suturing Process

The method of closing a wound or surgical incision with stitches to facilitate healing.

Aseptic Technique

A procedure used in medical settings to prevent contamination by pathogens, maintaining a sterile environment during clinical interventions.