EBK ECONOMICS
EBK ECONOMICS
20th Edition
ISBN: 8220102799479
Author: McConnell
Publisher: YUZU
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Chapter 13, Problem 1RQ
To determine

Herfindahl index of 10 firms.

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Explain if any states are not a “friendly” place for tax preparers, payday lenders, title pawn lenders, and “credit approved” used car dealers to operate in and what they have done, regulation-wise.
Explain the regulation or lack of regulation of payday lenders, title pawn lenders, and “credit-approved” used car dealers in Alabama.
Explain why people should avoid the business model of payday lenders, title pawn lenders, and “credit approved” used car dealers.
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