Businesses are less likely to make investment expenditures in order to increase their production or initiate new ventures under which of the following conditions?
A) if the economy appears to be weakening
B) if interest rates increase
C) if corporate income taxes increase
D) all of the above
D
Economics
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What is the Herfindahl-Hirschman Index if the four firms in an industry account have market shares of 62 percent, 15 percent, 15 percent, and 8 percent?
A) 100 B) 4,358 C) 111,600 D) 2,822 E) 6,200
Economics
Which of the following correctly explains the role of economic agents in a free market?
A) Economic agents set production quotas for sellers in the market. B) Economic agents set prices according to the production cost of each good. C) Economic agents allocate goods to those buyers who need the goods the most. D) Economic agents allocate goods to those buyers who value the goods the most.
Economics