Industries x and y both have four-firm concentration ratios of 70 percent, but the herfindahl index for x is 2,500, while that for y is 2,000. these data suggest

multiple choice
1. greater market power in y than in x.
2. greater market power in x than in y.
3. that x is more technologically progressive than y.
4. that price competition is stronger in x than in y.

Suppose that the world price of steel is $100 a ton, india does not trade internationally, and the equilibrium price of steel in india is $60 a ton. suppose that india now begins to trade internationally. the price of steel in india the quantity of steel produced in india a. does not change; does not change b. falls; increases c. falls; decreases d. rises; decreases e. rises; increases the quantity of steel bought by india india steel. a. increases; exports b. decreases; imports c. decreases; exports d. does not change; neither imports nor exports e. increases; imports

The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.

Describe the three different ways the argument section of a cover letter can be formatted