The Herfindahl-Hirschman Index measures
A. concentration in the industry.
B. industrial average output.
C. economies of scale.
D. consumer confidence.
Answer: A
Economics
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The potential for a financial breakdown at large institutions to spread throughout the financial system is called
A) a systemic risk. B) a too-large-to-fail problem. C) an averse selection problem. D) a moral hazard.
Economics
Whenever the price of Good A increases, the demand for Good B increases as well. Good A and B appear to be: a. complements. b. substitutes
c. inferior goods. d. normal goods.
Economics