The Herfindahl-Hirshman Index is a method for determining ______.
a. whether or not price fixing is occurring
b. compliance with import tariff laws
c. an industry’s market concentration
d. how much collusion exists in an industry
c. an industry’s market concentration
Economics
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If the production of a good creates an external cost, is the supply curve the same as the marginal social cost or the same as the marginal private cost curve or both?
What will be an ideal response?
Economics
In the 1980s, 1990s, and 2000s, the United States has had a
A) small trade surplus. B) small trade deficit. C) large trade deficit. D) large trade surplus.
Economics