Suppose an industry has 44 firms, each with an equal 2525 percent share of the market. according to the herfindahl-hirschman index (hhi), if two firms propose to merge, will the department of justice and the federal trade commission allow it?
1. first, the hhi before the proposed merger is (enter your response as an integer value.)
2. with the proposed merger, the hhi is (enter your response as an integer value.)
3. the department of justice and the federal trade commission challenge the proposed merger.

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?