If the market share of the largest firm in the dental insurance field were 20%,then theoretically the highest possible Herfindahl-Hirschman Index in this field would be

A) 400.
B) 1,000.
C) 2,000.
D) 4,000.
E) 10,000.

Corporate governance is the sole responsibility of top management and the boards of directors in large corporations.

At gambling casinos,patrons win,but not on a regular basis.This is a form of variable ratio schedule reinforcement.

Product differentiation under monopolistic competition means that each firm:

A) charges a slightly different price.
B) has a pure monopoly.
C) maximizes profit where MC = P.
D) faces a horizontal demand curve.

Mature consumers are not usually amused or persuaded by image-oriented advertising. A more successful strategy would involve:

A) depictions of mature consumers as contributing members of society.
B) negative ads with very little information on them.
C) emphasizing how little time is left so one needs to make the most of it.
D) investment opportunities for those who will be left behind.

The members of a sales lead club most likely:

A) use the club for socialization.
B) sell in the same product categories.
C) sell highly competitive products.
D) are salespeople in related but noncompetitive fields.
E) are salespeople who are employed by the same company.