firms in an industry with an HHI of 6,000 have ___ bargaining power than in an...
firms in an industry with an HHI of 6,000 have ___ bargaining power than in an industry with an HHI of 1,000
a) more
b) less
c) roughly the same
d) can't be determined with this information
Homework Answers
The correct answer is A. The Herfindal index is higher leads to a greater concentrated industry. Thus the market power will be larger and hence bargaining power will be greater. The correct answer is A.
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firms in an industry with an HHI of 6,000 have ___ bargaining
power than in an...
HHI of the industry A is 1,000 and another industry, B is 4,000 (in 0 to...
HHI of the industry A is 1,000 and another industry, B is 4,000 (in 0 to 10,000 scale). a. industry A is leaning towards monopoly b. industry B is leaning towards monopoly c. Industry A is concentrated by fewer number of large firms than industry B c. industry A got only 1 firm and an industry B has got 4 firms
The HHI for the breakfast cereal industry is 2,521, while the HHI for the bottled water industry is 1,409. Base...
The HHI for the breakfast cereal industry is 2,521, while the HHI for the bottled water industry is 1,409. Based on this: Market power is more concentrated among fewer firms in the breakfast cereal industry, as compared to the bottled water industry. The concentration of market power among firms in the breakfast cereal industry is the same as in the bottled water industry. Market power is more concentrated among fewer firms in the bottled water industry, as compared to the...
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Identify an industry in which the suppliers have strong bargaining power and another industry in which the buyers have most of the bargaining power. How does this affect potential profitability in the industries?
Firms that buy inputs from suppliers have more bargaining power when: A. the costs of switching...
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A cigarette industry consists of 4 firms, each producing a differentiated product. As common in the...
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Problem 1: Concentration. A cigarette industry consists of 4 firms, each producing a differentiated product. As...
Problem 1: Concentration. A cigarette industry consists of 4 firms, each producing a differentiated product. As common in the tobacco industries, the prices of the differentiated products are the same at P-2. The demands Q1 , Q2·Qs. Q4 for firms 1.2.3.4 are given by Q17 P2, Q2 6 2P, Qs 2 - P/2, and Q4 12 - P3. (a) What is the market share of each of the four firms? (b) What is the 3-largest-firm concentration? (c) What is the...
Industry A has four firms. The largest firm in Industry A has more than 90 percent...
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When it comes to Porter Analysis, of fast food industry,(McDonald's for ex)would bargaining power be high...
When it comes to Porter Analysis, of fast food industry,(McDonald's for ex)would bargaining power be high for end consumers because of low switching costs or many substitute choices. OR would it be low because they can't really bargain with the fast food prices to lower anything, after all the individual customer is not the main source of income for these fast food chains because they depend on millions of customers? I getting told different things, what is it to have...
Suppose the unemployment rate is very low. It will be ___ for firms to find workers to hire, and it will be ___ for workers to find jobs. Thus, ___ will have relatively more bargaining power than ___. As the unemployment rate gets low, the wage will ___.
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please complete chart ram producing firms market share % HHI index value HHI Index crucial +...
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The HHI for the breakfast cereal industry is 2,521, while the HHI for the bottled water industry is 1,409. Based on this: Market power is more concentrated among fewer firms in the breakfast cereal industry, as compared to the bottled water industry. The concentration of market power among firms in the breakfast cereal industry is the same as in the bottled water industry. Market power is more concentrated among fewer firms in the bottled water industry, as compared to the...
Problem 1: Concentration. A cigarette industry consists of 4 firms, each producing a differentiated product. As common in the tobacco industries, the prices of the differentiated products are the same at P-2. The demands Q1 , Q2·Qs. Q4 for firms 1.2.3.4 are given by Q17 P2, Q2 6 2P, Qs 2 - P/2, and Q4 12 - P3. (a) What is the market share of each of the four firms? (b) What is the 3-largest-firm concentration? (c) What is the...
Industry A has four firms. The largest firm in Industry A has more than 90 percent of the market share. Industry B also has four firms, but each of those four firms in Industry B has 25 percent of the market share. The Herfindahl-Hirschman index will be A. larger for Industry B than Industry A, but the four-firm concentration will be the same. В. tte same for both industries, but the four-firm concentration will be larger for industry Y than Industry A C....
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