Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. Instructions: Enter your answers as whole numbers.

a. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?

b. In that same situation, what would the four-firm concentration ratio be?

Answers

Answer 1

Answer:

1.  Herfindahl index = 400

2. 40%

Explanation:

1. Remember, the Herfindahl index is an index used to determine the level of market concentration in an industry. Assuming the total car dealer firms are four in number, we can derive the largest value that the Herfindahl index could possibly take for car dealers in the area using the formula:

[tex]HHH=S1^{2} + S2^{2} + S3^{2} + S4^{2} +... Sn^{2}[/tex]

Thus, the HHH =  [tex]10^{2} + 10^{2}+ 10^{2} +10^{2} = 400[/tex]

2. The four-firm concentration ratio is calculated by summing the individual market share percentage; 10% + 10% + 10% + 10% = 40%


Related Questions

after sally as the print preview in print command to the quick access toolbar which icon would she have added

Answers

Huh? I’m not sure but i hope sally finds out soon

3.
What is the importance of trade?​

Answers

Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.

Ten years ago, Oanh bought a house for $200,000 in Chico. She put in a cash down payment of $40,000 and took out a loan for $160,000. She has paid down $60,000 of the loan. Now the house has a market price of $400,000. How much "equity" does Oanh have in her house?

Answers

Answer:

The amount of equity Oanh have in her house is $300,000.

Explanation:

Equity can be described as the difference between the amount that is owed on a mortgage and the current worth of the home.

For this question, the amount of equity Oanh have in her house can be calculated as follows:

Loan amount = $160,000

Part of the loan paid = $60,000

Current worth of the house = $400,000

Amount owed = Loan amount - Part of the loan paid = $160,000 - $60,000 = $100,000

Equity = Current worth of the house - Amount owed = $400,000 - $100,000 = $300,000

Therefore, the amount of equity Oanh have in her house is $300,000.

Talitha wants to build a game for mobile phones that she believes teens will pay to play. What would be the best thing she could do to test her assumptions about her potential customers?

Answers

Answer:

Do a Survey and target the population she thinks is going to play the app

Explanation:

In order to test her assumptions about her potential customers she should conduct a survey which helps her in effective data collection.

What is a Customer?

A customer is referred to as an individual who purchases a product or service. He may or may not be the consumer. A consumer refers to a person who utilizes or consume goods and service.

A survey is referred to as a method of observation and data collection in which some set of questions will e asked from the designed or selected set of samples and based on their responses a conclusion will be formed.

Surveys can be used to determine how representative each person's opinions and experiences are. Finding out what your consumers like and dislike can help you improve your business. This will helps to find potential customers based on their responses.

Learn more about Survey, here:

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Explain whether you agree or disagree with the leadership style that was determined for you. Why?

Answers

Answer:

I agree because it taught me how to be a tood person, and wpone that is smart academically and in life

Explanation:

Answer:

what they said

Explanation:

Two firms,A and B,each currently dump 50 tons of chemicals into the local river.The government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. The government will sell 40 pollution permits for $75 each. It costs Firm A $100 for each ton of pollution that it eliminates before it reaches the river, and it costs Firm B $50 for each ton of pollution that it eliminates before it reaches the river. Neither firm produces any less output, but they both conform to the law. It is likely that between the cost of permits and the cost of additional pollution abatement. What is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? What is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other?

Answers

Answer:

Firm A will spend $4,000.

Explanation:

The chemical dumped into the river daily by

Firm A = 50 ton

Firm B = 50 ton

ATQ,

The clean-up cost of Firm B before getting into the river = $50 per ton.

= $50 x 50tons = $2500.

2). Pollution rate as per government = $75 per ton

No. of permits = 40

= $75 x 40

= $3000

As we know,

The clean-up cost of Firm B is lesser than the cost of pollution permits with $500($3000 - $2500). Cleaning up the pollution would be best because it is a cheaper alternative..

The  cleanup cost of Firm A per ton = $100 per ton.

= $100 x 50tons

= $5000

2). Pollution rate as per the govt. = $75 per ton

= $75 x 40 permits

= $3000.

The clean-up cost of Firm A is greater than the cost of pollution permits with $2000. Thus, the cleaning up the pollution would cost more for Firm A. Thus, they must go for purchasing the permits.

3). Purchasing 40 pollution permits  would cost

= $100 x 40

= $4000.

Marking best answer brainliest.
need asap.​

Answers

Answer:

1) angel investor :an individual who provides money to support an idea or she......

2) bootstrapping :a metaphor that describes a process of raising your own......

3) business incubator :a place that provides the business support to help startup....

4) entrepreneur : an individual who takes the initiative to build his or her......

5) startup capital : the money necessary to launch a business.......

6) sweat equilty :  the investment of work, effort, or talent instead......

7) venture capitalist: a person who provides funding to new ideas and start.....

Explanation:

If the job outlook for your career is growing, you are certain to get a job once you graduate.
True or False

Also I need some help with my other recent questions please. ​

Answers

Answer:

true, because if you have that strength to do anything you'll be able to♥️♥️

Say that your broker charges you a commission of $1,340.75 for your purchase of 258 shares of stock in Ergar Appliances. If Ergar Appliances has a list price of $73.96 and pays a dividend of $11.45 per share, what is your annual yield?
a.
0.1548
b.
0.1446
c.
0.1924
d.
0.0691


Please select the best answer from the choices provided

A
B
C
D

Answers

Answer:

B. 0.1446

Explanation:

Yield refers to the benefits or earnings realized from an investment over a particular period.

Calculation of yield considers the profits made and the amounts invested.

The amount invested in this case

The commission =$1,340.75

Costs of the shares = 258 x  $73.96  =$19,081. 68

Total cost of investment

= $19,081. 68 + $1,340.75

= $20,422.43

The gain realized  = $11.45  x 258

=$2,954.1

Annual yield= =$2,954.1/$20,422.43

=0.144649

=0.1446

Answer:YOUR ANSWER IS B ON EGDE YOU GOT THIS

B. 0.1446

Explanation:

Yield refers to the benefits or earnings realized from an investment over a particular period.

Calculation of yield considers the profits made and the amounts invested.

The amount invested in this case

The commission =$1,340.75

Costs of the shares = 258 x  $73.96  =$19,081. 68

Total cost of investment

= $19,081. 68 + $1,340.75

= $20,422.43

The gain realized  = $11.45  x 258

=$2,954.1

Annual yield= =$2,954.1/$20,422.43

=0.144649

=0.1446

Explanation:

Suppose that a demand curve exhibits two points. Initially, at price P 0 , the quantity demanded is Q 0 . When price changes to P 1 , quantity demanded is Q 1 . Move the components of the midpoint formula for elasticity of demand to their correct positions.

Answers

Answer and Explanation:

The formula to compute the price elasticity of demand is as follows:

= Percentage change in quantity demanded ÷ percentage change in price

At Price P0, the Quantity demanded is Q0

And,

At Price P1, the Quantity Demanded is Q1

Just like this, it could be computed

[tex]\frac{Q_1 - Q_0}{(Q_1 + Q_0)/2}[/tex] divided by [tex]\frac{P_1 - P_0}{(P_1 + P_0)/2}[/tex]

The marketing manager of Rues Golf Club finds that the club can increase its market share, and become the industry leader if it slashes membership prices by 50% during the first quarter of the year. However, the club cannot achieve its target return on investment if its slashes its membership prices during a quarter. This conflict illustrates:_________

Answers

Answer:

Need for trade offs in pricing objectives

Explanation:

I the given scenario the club is faced with two choices. Either they increase market share and become an industry leader while slashing membership prices, or leave membership price the way it is and meet its target on return on investment.

A trade off is required in this kind of situation.

In a trade off a business will need to lose in one aspect in order to gain in another.

So a choice will need to be made on what the business will be able to lose and come out benefiting more.

If the company values the proposition of increasing its market share and becoming the industry leader, it will slash it's membership price by 50%

Which of the following is true about aptitudes?


aptitudes are inborn

aptitudes are learned

aptitudes can be categorized in mental, emotional, and physical groups

aptitudes are often revealed as you experience new things

Answers

Answer:

aptitudes are inborn

Explanation:

An Aptitude is an inborn ability to perform certain types of tasks. It is the natural talent that makes one good in a particular type of activity.  Aptitude can be physical or mental.

Aptitude is the natural or inherent ability to do well in a certain field.  It means that one can be very good in that field if given an opportunity to learn and develop.  Aptitude tests help one find their strengths and develop a carrier based on their strong points.

Answer:

- aptitudes are often revealed as you experience new things - aptitudes are inborn - aptitudes can be categorized in mental, emotional, and physical groups.

Explanation:

did the test on edg and got it correct

Select the correct answer.

Nike shoes has a symbol of a “swoosh” on all their products whereas Slazenger is symbolized by a black panther. This is an example of what?

A. aided awareness
B. product differentiation
C. corporate image
D. branding

Answers

D is the answer I think

Answer:

Branding maybe

Explanation:

Mr. Smith's house was listed at $325,000. The property eventually sold for $365,000. The agreed upon commission was 5%. How much did Mr. Smith pay in commissions at the closing of the property...

Answers

Answer:

Amount of commission = $18,250

Explanation:

Given:

Listed price = $325,000

Sales price = $365,000

Commission rate = 5%

Find:

Amount of commission

Computation:

Amount of commission = Sales price x Commission rate

Amount of commission = $365,000 x 5%

Amount of commission = $18,250

WILL MARK BRAINLIEST

Before Thanksgiving, the price of turkeys increase and the
demand also increases. Is this a violation of the law of demand?

No, according to the demand curve, a price increase results
in a demand increase.

Yes, according to the demand curve, a price increase
results in a demand decrease.

No, a non-price factor is increasing the demand and
causing the demand curve to shift right.

Yes, a non-price factor is increasing the demand and
causing the demand curve to shift left.

Answers

3 no a non price factor is increasing in demand and causing the demand curve to shift right

Name the six federal government financial assistance programs.

I I looked everywhere I can't find the six federal government financial assistance programs. maybe I'm not looking in the right spot but it's not in the textbook from what I can see maybe some of you people can help me out.​

Answers

Answer:

agreements, donations of property, direct appropriations, food commodities, loans, interest subsidies, and insurance.

Do you still need help

An emergency fund should NOT be used for...

Answers

Answer:

An emergency fund should not be used for buying things you wan't, but an emergency fund should be used for buying the nessecities like things you need

Explanation:

Hope this helps!!! ✌

(if this did not help, please let me know)

Nori is writing an essay to analyze an advertisement for a piece of athletic equipment. What elements should he include in order to write an effective analysis

Answers

Answer:

2. the advertising techniques used to persuade the viewer. In order to do this, Nori need to determine whether the advertisers using a visual or principle attraction method for this product

4. what tools the advertiser uses to sell the product. This could range from newspaper, billboard, television, or phamplets

5. the purpose of the advertiser's message. Nori need to do this in order to find out the customer segmentation of the product

Answer:

B, D, E

Explanation:

Eric wants to attend a higher education institution that will prepare him to directly enter the workforce, but he wants to attend a school that is financially supported by the government. What type of higher education should he attend?
A.
A Technical School
B.
A Theological School
C.
A Proprietary School
D.
A Private 2-year School

Answers

I think I would have to stick with either A or B it can be those two but C and D are wrong.

Answer:

A. A Technical School

Explanation:

A customer called his registered representative to place a trade to buy 100 shares of ABC. The customer wants to put a limit on the order, but is unsure what would be an appropriate price. At the suggestion of the registered representative, the customer enters the order with a limit of $30. This trade was

Answers

Answer:

unsolicited trade

Explanation:

In this scenario, the trade that was made would be considered an unsolicited trade. This is mainly due to the customer having called the representative telling him to place the trade and buy the 100 shares of ABC stock. Therefore, this trade was ultimately the idea of the investor (customer) in this scenario and not the representative's idea. That would make this trade fall into the category of an unsolicited trade. If the idea was initially the representative's and he was the one to mention the trade to the client then it would have been a solicited trade, but this is not the case.

Please help me due in 15 minutes

Answers

Answer:Your Answer would be C

Explanation:

Your Welcome :D

Mason compared the properties of two compounds. Magnesium oxide is an ionic compound, and hydrogen peroxide is not an ionic compound. Therefore, both compounds most likely

have molecular structures.
can be highly reactive.
have low boiling points.
can dissolve in water.

Answers

Answer:

Can be highly reactive

Answer:

B.

Explanation:

What the most challangeing thing about righting a memo

Answers

Answer: The most challenging part of writing this memo was to ensure that it doesn’t offend or demean any employees. It was also a challenge to convey the message in a tone that is both formal and polite, so the recipients understand the reason for the change in the dress code.

Blank is the deadline for filing both federal and state income tax returns.

Answers

Answer:

April 15th

Explanation:

A cheque of Rs 4500 received from yogesh and deposited into bank. Required: Journal Entry​

Answers

Answer:

See below

Explanation:

This transaction will affect the bank balance by increasing it with the check amount. The bank is cash (asset ) held in the bank. An increase in assets account is a debit. The bank A/c will be debited.

The check is received from Yogesh. Yogesh must have bought goods on credit and hence is an account receivable (asset). Since Yogesh has paid, his account decrease by the check amount. A decrease in assets is credited.

The journal entry will be

Bank A/c DR. Rs 4500

Yogesh A/c                 Cr. Rs 4500

When a ________ is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to get the rebate check often means that many buyers never take advantage of it.

Answers

Answer:

Rebate

Explanation:

rebate in marketing can be regarded as a promotion techniques in sales it is a form of discount when buying product, it can be explained as as cash refund , it is when some of the paid cash by buyer is been returned to him/her.

.It should be noted that When a rebate is offered on lower-priced items as a sales promotion, the time and trouble of mailing in a proof of purchase to get the rebate check often means that many buyers never take advantage of it.

Explain why having an accurate credit report is important.

Answers

Answer:

A credit report can act as a shining light into your financial background, helping reveal personal payment history and lending and credit worthiness. It can even serve as a sentinel against identity theft and consumer fraud. Also, Companies you do business with check your credit. Many companies you do business with will use your credit score and credit report to determine how responsible you are.

Hope this helps :)

To be a kindergarten teacher do you need university

Answers

there are no specific kindergarten teaching degrees (or kindergarten teaching courses), public school kindergarten teachers are required to haev at least a bachelor's degree in education. These professionals ordinarily major in elementary or early childhood education in a bachelor's degree program.

HELPPP ASAP!!!!!!!!!!! PLSSSSSSSSS
Which of these practices describe how producers in oligopolies generally try to create competition? Check all that apply.

A,) by keeping prices low
B,) by offering promotions
C,) by advertising
D,) by cultivating brand loyalty
E.) by overcoming barriers to entry
F.) by developing a specific image

Answers

Answer: B. Offering promotions C. By advertising D. Cultivating brand loyalty

Explanation:

Producers in oligopolies typically keep prices low, offer promotions, advertise their products, cultivate brand loyalty, and develop a specific image to create competition. Therefore, options A, B, C, D, and F are correct.

What is oligopoly?

An oligopoly is a market structure in which a small number of firms dominate the market and have the ability to set prices and control the supply of goods or services.

In an oligopoly, the firms are typically interdependent, meaning that their decisions affect the behavior of their competitors. The barriers to entry in an oligopoly are usually high, which makes it difficult for new firms to enter the market and compete with established firms.

Oligopolies are often characterized by intense competition, aggressive marketing strategies, and frequent price wars between firms. Common examples of oligopolistic markets include the automobile, airline, and telecommunications industries.

Learn more about oligopoly here:

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Which unit of measurement relates to quantity?
(BLANK) is a unit of measurement that relates to quantity.

A. Centimeter
B. Width
C. Height
D. Pound
E. Mile​

Answers

Answer:

D. Pounds

Explanation:

Hope this helps :D

Answer:

I would truly think it is Pounds! Sorry if I am wrong!

Explanation:

I love butterflies!

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