3. Conspiracies to fix prices are: A. illegal under the Clayton Act. B. illegal

Question

3. Conspiracies to fix prices are: A. illegal under the Clayton Act. B. illegal under the Celler-Kefauver Act C. per se violations of the antitrust laws. Answer the next question on the basis of the following table showing market shares of firms in hypoth industries. Assume these are distinct industries with no buyer-seller relationships or competition amon Market share of firms in industry Industry 1 2 3 4 5 Alpha 30 30 20 20 Beta 80 10 5 3 1 Cappa 25 25 25 25 Delta 20 20 20 20 10 10 4. Refer to the above table. The Herfindahl index for Cappa is: A. 2,500. B. 100 C 100,000.

Explanation / Answer

Answer 3:- conspiracies to fix prices are illegal under

Correct Answer:- the clayton act

Answer 4:- refer to the above table. the herfindahl index for cappa is

Correct Answer :- 2500

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