The U.S.Justice Department

question 120

Multiple Choice

The U.S.Justice Department

• A) scrutinizes any merger of firms in a market in which the four-firm concentration exceeds 25 percent.
• B) uses only the Herfindahl-Hirschman Index when considering whether to challenge a merger.
• C) is likely to challenge a merger if the Herfindahl-Hirschman Index exceeds 1800.
• D) Answers A and B are correct.
• E) Answers B and C are correct.

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Definitions:

Superordinate Goals

Shared goals that override differences among people and require their cooperation.

Stereotypes

Widely held but simplified and generalized beliefs about a particular group of people or type of person.

Ingroup Bias

The tendency to favor our own group.

Prejudice

An unjustifiable (and usually negative) attitude toward a group and its members. Prejudice generally involves stereotyped beliefs, negative feelings, and a predisposition to discriminatory action.