Use the following table to calculate the Herfindal-Hirshman Index for the U.S. auto market. Would the FTC approve a merger between Gm and Ford?   Explain your response.                                                                                                     The table is.........                                                                                                                          GM     19%                                                                                                                       Ford     17%                                                                                                                     Toyota       14%                                                                                                              Chrysler      11%

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Use the following table to calculate the Herfindal-Hirshman Index for the U.S. auto market. Would the FTC approve a merger between Gm and Ford?   Explain your response.                                                                                                     The table is.........                                                                                                                          GM     19%                                                                                                                       Ford     17%                                                                                                                     Toyota       14%                                                                                                              Chrysler      11%

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