Business, 03.03.2020 05:44 kathlynskare06

1. The Herfindahl index: Suppose that three firms make up the entire bicycle manufacturing industry. One has a 40% market share, and the other two have a 30% market share each. The Herfindahl index of this industry is ___.
2. Abe's Bikes, one of the firms with a 30% market share in the bicycle manufacturing industry, leaves the market. This would cause the Herfindahl index for the industry to . (rise/remain the same/fall)
3. The largest possible value of the Herfindahl index is 10,000 because:

a. An index of 10,000 corresponds to 100 firms with a 1% market share each.
b. An industry with an index higher than 10,000 is automatically regulated by the Justice Department.
c. An index of 10,000 corresponds to a monopoly firm with 100% market share.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 17:30

Which composition of transformations will create a pair of similar, not congruent triangles? a rotation, then a reflectiona translation, then a rotationa reflection, then a translationa rotation, then a dilationmark this and retumsave and exit

Answers: 2

Answer

Business, 21.06.2019 21:20

Vital industries manufactured 2 comma 200 units of its product huge in the month of april. it incurred a total cost of $ 121 comma 000 during the month. out of this $ 121 comma 000, $ 46 comma 000 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. ryan had no opening or closing inventory. what will be the total cost per unit of the product, assuming conversion costs contained $ 10 comma 900 of indirect labor?

Answers: 1

Answer

Business, 22.06.2019 02:20

The following information is available for juno company for the month ending june 30, 2019. * balance as per the bank statement is $ 11 comma 000. * balance as per books is $ 10 comma 400. * check #506 for $ 1 comma 200 and check #510 for $ 900 were not shown on the june 30, bank statement. * a deposit in transit of $ 3 comma 346 had not been received by the bank when the bank statement was generated. * a bank debit memo indicated an nsf check for $ 70 written by jane smith to juno company on june 13. * a bank credit memo indicated a note collected by the bank of $ 1 comma 900 and interest revenue of $ 51 on june 20. * the bank statement indicated service charges of $ 35. what is the adjusted book balance?

Answers: 3

Answer

Business, 22.06.2019 07:10

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

Answers: 2

Answer

You know the right answer?

1. The Herfindahl index: Suppose that three firms make up the entire bicycle manufacturing industry....

Questions