The Justice Department is most likely to oppose a proposed merger on the basis of the Herfindahl-Hirschman Index when the post-merger HHI is:

According to your text, competition generally requires

A) fixed costs. B) fixed prices. C) fixed profits. D) detailed government regulation. E) none of the above.

Real GDP measures output of final goods and services in physical units

a. True b. False Indicate whether the statement is true or false