Multiple Choice
-The U.S. Justice Department, on the basis of the Herfindahl index, classifies the industries with the value:
A) below 500 as highly competitive; 500-1000 as moderately competitive; and above 1000 as highly concentrated.
B) below 1000 as highly competitive; 1000-1500 as moderately competitive; and above 1500 as highly concentrated.
C) below 500 as highly competitive; 500-1500 as moderately competitive; and above 1500 as highly concentrated.
D) below 1000 as highly competitive; 1000-1800 as moderately competitive; and above 1800 as highly concentrated.
E) below 1500 as highly competitive; 1500-2000 as moderately competitive; and above 2000 as highly concentrated.
Correct Answer:
Verified
Related Questions
