The Justice Department generally challenges any merger that meets the following two conditions: (1) the post-merger HHI exceeds 1,800 and (2) the merger increases the index by more than 100 points

Ceteris paribus, an increase in the price of a good will cause the: a. quantity demanded of the good to increase

b. quantity supplied of the good to decrease. c. supply of the good to increase. d. consumer surplus derived from the good to decrease.

What does the demand curve for British pounds tell us?

a. The quantity of pounds people will want to sell at each different exchange rate b. The quantity of pounds people will want to buy at each level of output c. The quantity of pounds people will want to buy at each different exchange rate d. The quantity of pounds people will want to sell in each different time period e. The quantity of pounds people will want to buy at each different interest rate.