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FIRM MARKET SHARE (percent) Motorola 34 LG 26 Samsung 12 Nokia 10 Sanyo 8 Sony 10

Assume the 6 companies listed in the table are the only manufacturers active in the Cell Phone market. Using the market share

Which of the following mergers would the Department of Justice most likely challenge? A A merger of one firm with about 50 pe

Regulation of a natural monopoly firm would mean society would see A less deadweight loss. B zero deadweight loss. C the same

Deregulation is the A switching of regulation from local level to the federal level. B switching of regulation from federal l

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Answer #1

Please give rating it will be appreciable thank you

Answer Market Share Motorola (51) = 34; LG(52) = 26; Samang (53)=12 ; Nokia (54)= 10 ; Somyo (55)= 8 ; Sony(od=10 2 >HHI = 3

(4)department of justice most likely to challenge a merger of two firms each of them has about 40% market share because the merger of these firm leads to create highly concentrated market

So option B is correct

(5) regulation of monopoly decrease price to marginal cost so the dead weight become zero

So option A is correct

(6) Deregulation is switching the regulation form federal level   to state level

so option B is correct

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