An industry consists of eight firms with annual sales (in millions) of $200, $300, $900, $600,...
An industry consists of eight firms with annual sales (in millions) of $200, $300, $900, $600, $300, $700, $500, and $600, respectively. What is the industry's C4?
Homework Answers
Solution:-
Current market share of each firms
Compute the 4-firm CR b adding up the market shares of the top 4
firms.
Thus, 4-CR = 21.95% + 17.07% + 14.63% + 14.63% =
68.28%
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An industry consists of eight firms with annual sales (in
millions) of $200, $300, $900, $600,...
show me details please i dont understand how its 1,779 question 29 not 28 please 28. An industry consists of...
show me details please i dont understand how its 1,779
question 29 not 28 please
28. An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. What is the industry's Ca? A. 0.58. B. 0.62 C. 0.74. D. 0.77. 29. An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. What is the industry's HHI? A. 1,659. B. 1,779. C. 1,839. D. 1,909
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show me details please i dont understand how its 1,779
question 29 not 28 please
28. An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. What is the industry's Ca? A. 0.58. B. 0.62 C. 0.74. D. 0.77. 29. An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. What is the industry's HHI? A. 1,659. B. 1,779. C. 1,839. D. 1,909
QUESTION 51 od Marginal benefit of individual polluter $1,000 900 Firma 800 700 600 Firm 500 400 300 Firm 200 100 100 200 300 400 500 600 700 800 1.000 Quantity of mercury (tons) The figure above shows three different polluting firms. Let's assume the government imposes a $300 tax on each ton of emission. Based on that, how much pollution will Firm B have? O 200 0 O 500 Oo O 1,000
Question 38 1 pts Market 1 Market 2 $350 $900 $800 $300 $250 $700 $600 $200 $500 $150 $400 $300 $200 $100 So 0 1 2 3 4 9 10 11 12 13 0 1 2 3 7 8 9 10 5 6 7 8 Q (Market 1) 4 5 6 Q(Market 2) The graph above shows the demand functions for a product sold by a monopolist in two different markets. The monopolist faces a constant marginal cost of MC...
In the long run, some firms will respond by until On the graph below, shift the demand curve, the supply curve, or both on the following diagram to illustrate both the short-run effects of the PHAC'S report and the new long-run equilibrium after firms and consumers finish adjusting to the news. Supply Demand Supply PRICE (Dollars per kilogram) Demand 0 100 900 1000 200 300 400 500 600 700 800 QUANTITY (Milions of kilograms) The new equilibrium price and quantity...
Price (Dollars per TV set) Quantity Demanded Quantity Supplied 100 900 200 700 200 500 300 400 550 400 600 900 Use blue points (circle symbol) to plot Venezuela's demand curve on the following graph. Use orange points (square symbol) to plot Venezuela's supply curve. Then use the black point (cross symbol) to indicate the domestic market equilibrium. (Hint: Use all of the given points to plot the demand and supply curves.) Demand O Supply PRICE (Dollars per TV set)...
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