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.

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: