Suppose an industry has five firms, with sales of $5 MM, $2MM, $1MM, $1MM and $1MM, respectively. The 4-firm concentration ratio for this industry is:
Four firm concentration ratio = (5m + 2m + 1m + 1m) / (5m + 2m + 1m + 1m + 1m) * 100
= 9 / 10 * 100
= 90%
Suppose an industry has five firms, with sales of $5 MM, $2MM, $1MM, $1MM and $1MM,...
An industry has five firms. Each of the four firms in the industry has a market share of 22 percent, and the last firm has a market share of 12 percent. Calculate the Herfindahl index and four-firm concentration ratio for the industry.
An industry is composed of five firms. The sales in this market, from largest to smallest firm are $10, $5, $2, $2,$1. What is the industry's four-firm concentration ratio? a) C4=1.00 b) C4=0.90 c) C4=0.85 d) C4=0.95
Find the Herfindahl Index and the Four-Firm Concentration Ratio for an industry with: Five firms—one with 60 percent of the market and others with 25, 10, 3, and 2 percent of the market, respectively. One firm with 60 percent of the market and four others with 10 percent each. Ten firms with 8 percent of the market each and four other firms have 5 each.
The top six firms in an industry have total sales of the following respectively: $70 million, $40 million, $40 million, $30 million, $10 million, $10 million; sales of all other firms in the industry totals $20 million. For this industry, what is the 4-firm concentration ratio? Based on the value calculated, what market structure does this industry represent and why?
Suppose the firms in a five-firm industry have market shares of 30, 30, 20, 10, and 10 percent, respectively. The Herfindahl index for the industry is Multiple Choice A) 1,900. B) 2,400. C) 90. D) 10,000.
The bicycle industry consists of seven firms. Firms 1, 2, 3, 4 each has 10% market share, and firms 5,6,7 each has 20% market share. Using the concentration measures, answer the following questions: (i) Calculate 4-firm concentration ratio for this industry. (ii) Calculate the Herfindahl-Hirschman index (HHI) for this industry. (iii) Now, suppose that firms 1 and 2 merge, so that the new firm will have a market share of 20%. 1) Calculate the post merger I(x) 2) Calculate the...
An industry is comprised of five firms. Sales of the four largest firms are $1,000,000, $500,000, $400,000, and $200,000. If the C4 ratio is 96 percent, then what is the HHI? 2,755. 3,046. None of the options. 1,810. 5,017.
Consider two industries, industry W and industry X. In industry W there are five companies, each with a market share of 20% of total sales. In industry X, there are six companies. One company has a 50% market share and each of the other five firms has a market share of 10%. a. Calculate the four-firm concentration ratio for each industry. b. Calculate the Herfindahl-Hirschman Index (HHI) for each industry. c. What do the values of the two concentration measures imply about the...
Suppose an industry is made up of 22 firms. Two firms cach sell 10.5 percent of the industry's total output; another three firms each sell 9 percent, another six firms each rell 5 percent; and the last eleven firms each sell 2 percent. What is the eight-firm concentration ratio in this industry? O a. 0.39 6.0.63 O co.so O d. 0.45 O e. 1.40
Suppose a ten firm industry has total salos of $35 millon per year. The largest firm have sales of $10 million, the third largest firm has sales of $4 milion, and the fourth largest firm has sales of $2 million If fifth through tenth largest firms combined have annual sales of $12 million, the four - firm concentration ratio for this industry is O A. 45.7 percent. OB. 65.7 percent. O C. 80 percent D. none fo the above.