Government allocation of pollution rights cannot be efficient if polluters cannot be easily identified and monitored

A bowed production possibilities curve is consistent with

A) an unchanged opportunity cost. B) a technologically inefficient society. C) the underutilization of productive resources. D) highly specialized resources.

What would the Herfindahl-Hirschman Index equal for an industry consisting of six firms with market shares of 40%, 30%, 20%, 5%, 3%, and 2%?

a. 0.95 b. 2.934 c. 2,938 d. 10,000