Question 253.125 pts
What was the first (and arguably most important) act of antitrust litigation in the United States?
Monopolization and trust formation act
Sherman Act
Clayton Act
Interstate Commerce Commission Act
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Question 263.125 pts
You are evaluating the possible merger of Honda and Philip Morris. What kind of merger is this?
Horizontal
Conglomerate
None of the above
Vertical
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Question 273.125 pts
When deregulation was initially being discussed, what was one of the most serious concerns raised for electric companies?
Consumer welfare would be highly increased
Prices would decrease substantially
Frequent blackouts would ensue
Electricity would be less involved with the NASA project
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Question 283.125 pts
Suppose there are 6 firms in an entire industry. Their market shares are as follows:
Firm 1: 20%
Firm 2: 10%
Firm 3: 30%
Firm 4: 5%
Firm 5: 17%
Firm 6: 18%
What is the 4-firm ratio and the HHI for this industry?
4-firm: 77%, HHI: 1689
4-firm: 85%, HHI: 2038
4-firm: 50%, HHI: 738
4-firm: 65%, HHI: 1649
In: Economics
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