An industry consists of three firms with sales of $380,000, $805,000, and $425,000.
a. Calculate the Herfindahl-Hirschman index (HHI). Instruction: Round to the nearest integer.
b. Calculate the four-firm concentration ratio (C4).
c. Based on the FTC and DOJ Horizontal Merger Guidelines described in the text, is the Department of Justice likely to attempt to block a horizontal merger between two firms with sales of $380,000 and $425,000?

Answers

Answer 1

The Herfindahl–Hirschman Index, or "HHI," is a widely used indicator of market concentration.  The HHI is derived by squaring each rival firm's market share and then adding the obtained figures together.

What is the solutions to the required calculations?

(a) Total market ($'000) = 380 + 805 + 425 = 1,610

Firm 1 share = 380/ 1,610x 100 = 23.60%Firm 2 share = 805 / 1,610 x 100 = 50.00%Firm 3 share = 425 / 1,610 x 100 = 26.40%

HHI = (23.60)² + (50.00)² + (26.40)² = 3753.92

(b) Since there are only 3 firms in market, four-firms concentration ratio will be 100% or 1

(c) Total revenue share of the two firms = (380+ 425) / 1440 x 100 = 55.90%

Post-merger HHI = (55.90)² + (50.00)² = 5624.81

This merger will, in fact, be stopped. This is because the regulation deems any HHI exceeding 1,800 after a merger to be a highly concentrated market, and so this merger will most likely be blocked.

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Related Questions

If 10% of men are bald, what is the probability that fewer than 100 in a random sample of 818 men are bald? (Answers must be in 4 decimal values)

Answers

Answer: the probability that fewer than 100 in a random sample of 818 men are bald is 0.9830

Step-by-step explanation:

Given that;

p = 10% = 0.1

so let q = 1 - p = 1 - 0.1 = 0.9

n = 818

μ = np = 818 × 0.1 = 81.8

α = √(npq) = √( 818 × 0.1 × 0.9 ) = √73.62 = 8.58

Now to find P( x < 100)

we say;

Z = (X-μ / α) = ((100-81.8) / 8.58) = 18.2 / 8.58 = 2.12

P(x<100) = P(z < 2.12)

from z-score table

P(z < 2.12) = 0.9830

Therefore the probability that fewer than 100 in a random sample of 818 men are bald is 0.9830

h(x)=4x+4 find h(3b)

Answers

Answer:

h(3b)=12b+4

another answer

h(3b)=4(3b+1)

Step-by-step explanation:

h(x)=4x+4

h(3b)=4(3b)+4

h(3b)=12b+4

if need to simplify..then:

h(3b)=4(3b+1)

Jack can long-jump 195% of his height with a running start. If Jack can long jump 97.5 inches, how tall is he? *

Answers

Answer: 190

Explanation: Divide 97.5 from 195% and then round.

The Jacks height from the given situation is 49.08 inches.

Given that, Jack can long-jump 195% of his height with a running start.

What is percentage?

Percentage is defined as a given part or amount in every hundred. It is a fraction with 100 as the denominator and is represented by the symbol "%".

Let the height of jack be x.

So, 195% of x = 95.7

⇒ 195/100 × x=95.7

⇒ 1.95x=95.7

⇒ x=95.7/1.95

⇒ x=49.08 inches

Hence, the Jacks height from the given situation is 49.08 inches.

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Last year there were 620 7th graders. This year the enrollment has increased by 105%. How many 7th graders are there this year?

Answers

Answer:

1,271

Step-by-step explanation:

620 + (105% × 620) =

620 + 105% × 620 =

(1 + 105%) × 620 =

(100% + 105%) × 620 =

205% × 620 =

205 ÷ 100 × 620 =

205 × 620 ÷ 100 =

127,100 ÷ 100 =

1,271

Matt is helping to set up drinks and snacks for a luncheon.

Matt has 4.8 liters of iced tea. He is going to pour this into pitchers that can each only hold 0.8 liters of iced tea.

If Matt pours an equal amount of iced tea into each pitcher, how many pitchers does he fill?

Answers

Answer:

he will fill 6 pitchers

Step-by-step explanation:

4.8÷0.8=6

A store sells toys in bulk. It sells wooden blocks for $5 a pound and plastic bricks for $10 a pound. How many pounds of wooden blocks and plastic bricks should be used to make a 10-pound mixture that would sell for $80?

Answers

Answer: 4 pounds of wooden blocks and 6 pounds of plastic bricks should be used.

Step-by-step explanation:

Let x = Quantity of wooden blocks.

y = Quantity of plastic bricks.

As per given , we ahve

5x+10y=80        (i)

x+y=10     (ii)

Multiply 5 on both sides of (ii), we get

5x+5y=50   (iii)

Eliminate (i) from (iii), we get

5y=30

⇒ y= 6

Put y=6 in (ii), we get

x+6=10

⇒ x= 10-6= 4

Hence, 4 pounds of wooden blocks and 6 pounds of plastic bricks should be used.

3/8 plus 5/6 divided by 5 A. 4 13/25 B.3/14 C.13/24 D.2 3/8 HELP NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

Step-by-step explanation:

Try working this out with decimals

3/8 = 0.375

5/6 = 0.833     Add these

Total = 1.20833

Now divide by 5

1.20833/5

.24166

I think I would use this as my answer, but if you want fractions ...

3/8 + 5/6      The common denominator is 24

3*3/3*8 = 9 / 24

5*4/6*4 = 20/24

9/24 + 20/24 = 29/24

Now divide by 5

==================

29 / 24 // 5/1                      Invert the denominator and multiply

29/24 * 1/5 = 29/120      

Does that equal the decimal result that we got?

29/120 = .24166 which is the same thing. The fractions are a little harder to handle than the decimals.

Given the system of equations, solve for x
2x - 3y = -19
4x + 5y = 17

Answers

Answer:x=-2

Step-by-step explanation: First, you need to multiply 2 for the first equation. The first equation becomes 4x-6y=-38. Then you have to subtract the first equation from the second equation, so it becomes 11y=55. 55/11=5, so y =5. We can plug 5 into the equation, and from there, we can draw out the conclusion that x=-2. You can also verify this by plugging -2 into the equation, which I did.

The highest temperature in Fairbanks Alaska was 15.7 degrees Fahrenheit one day that night the temperature fell 38.4 degrees what was the lowest temperature for the night?

Answers

Answer:

-22.7 degrees Fahrenheit

Step-by-step explanation:

Subtract change in temperature from the original temperature. 15.7 - 38.4 = -22.7. Hope this helps!!

PLEASE HELPPP I AM BEING TIMED

Answers

Answer: It is eather A or D (sorry for my spelling)

Step-by-step explanation:

The answer is letter D!

Find the equation of the line.
y = [? ]x + [ ]

Answers

Answer:

Y=4x+1

Step-by-step explanation:

Can someone solve please? An explanation with it would help as well!

Answers

RQ = 15.588:)
Take triangle PQM and find all sides and angles to get the length of the hypotenuse for right triangle RQM. Then use the Pythagorean Theorem to solve fo side RQ:)

The product of 2 and the cube of a number.

Answers

Answer:

2n + n³

There you go.

Answer:

2×n^3

Step-by-step explanation:

i believe this is correct

I need help answering this question

Answers

Answer:

[tex] x = 53 [/tex]

Step-by-step explanation:

[tex] 65 = x + 12 [/tex] (alternate interior angles are congruent)

Subtract 12 from each side

[tex] 65 - 12 = x + 12 - 12 [/tex]

[tex] 53 = x [/tex]

[tex] x = 53 [/tex]

hiii please help me 20ptss

Answers

Answer:

I think it's the second answer, The head of state is always chosen by the citizens.

Step-by-step explanation:

I hope this helps!

Answer:

I think it is the first one but im not too sure sry if its wrong

Step-by-step explanation:

free brainlyiWhich of the following is true? (1 point)

1)

|−6| < 5

2)

|−6| < |5|

3)

|−5| < |−6|

4)

|−5| < −6

Answers

Answer:

1)

Step-by-step explanation:

Answer:

all of it

Step-by-step explanation:

PLS HELP ILL GIVE YOU FREE PIONTS AND BRAINLEST PLSSS

Answers

Answer:

B,D,C,A,E

Step-by-step explanation:

-1, -4/3, 1/2, 2, 2 1/4

Answer:

BDCAE

Step-by-step explanation:

hope this help

The manager of an ice cream shop found that the probability of a new customer ordering vanilla ice is 7\9. What are the odds against a new customer ordering vanilla ice cream?

Answers

Answer:

The odds-against a new customer ordering a vanilla ice cream are: 2/7 or 2 to 7

Step-by-step explanation:

Odds-against is the ratio of probability of non-occurrence of an event to the probability of occurrence of an event.

Let p be the probability that the new customer will order vanilla

Then

[tex]p = \frac{7}{9}[/tex]

Let q be the probability that the new customer will not order vanilla

[tex]q = 1-p\\= 1 - \frac{7}{9}\\= \frac{9-7}{9}\\=\frac{2}{9}[/tex]

Now the odds against formula is:

[tex]\frac{Probability\ of\ non-occurrence}{Probability\ of\ occurrence}= \frac{q}{p}\\=\frac{\frac{2}{9}}{\frac{7}{9}}\\=\frac{2}{9} * \frac{9}{7}\\=\frac{2}{7}[/tex]

Hence,

The odds-against a new customer ordering a vanilla ice cream are: 2/7 or 2 to 7

Need help, looked at it and got confused, so here I am.

Answers

Answer:   A. 50

===============================================

Explanation:

The order of the lettering is important when it comes to similar polygons. This is because the order tells us how the letters pair up.

I don't recommend using solely the diagram to try to see how the angles pair up because the diagram might not be to scale. So we'll just be focused on the lettering.

In the sequences ABCDE and PQRST, we have letters E and T as the last items. This means they correspond and pair up together. Furthermore, these angles are congruent (since similar polygons have congruent corresponding angles).

So in short, E = T.

The diagram shows E = 110 and T = 2x+10

This leads to...

E = T

110 = 2x+10

2x+10 = 110

2x = 110-10

2x = 100

x = 100/2

x = 50

What's the range of this function graph​

Answers

Answer:

[2,∞)

Step-by-step explanation:

The range is the y intercept and the function starts at 2 and continues going up causing the range of the function to be [2,∞)

can someone please help me. given g(x) = -4x+4, find g(3).​

Answers

-4(3)+4=-8 so the answer is -8

Are integers closed under addition? Justify your answer.

Answers

Answer:

The set of integers is closed under addition, subtraction, and multiplication because when I add, subtract, or multiply any integers, the result is always an integer.

Step-by-step explanation:

Answer:

The integers are "closed" under addition, multiplication and subtraction.

Step-by-step explanation:

But can not be used doing division or A fraction involving two integers.

Martin is two years older than Reese, and the same age as Lee. If Lee is 12, how old is Reese? but in algebraic form

Answers

Reese is 10 because Martin and lee are both 12 and Martin is 2 years older then Reese so he must be 10

The sum of three consecutive intgers is 72 find the smallest integer

Answers

23 + 24 + 25 = 72
23 is the answer

Step-by-step explanation: 23 is the answer

23+24+25=72

30 POINTS IF U GET IT RIGHT

The original price of a chair was $545.00. The store had a sales tax of 4.5%. What is the exact price of the chair, including tax?

Answers

the exact price of the chair including tax is $569.525 which rounds to $569.53
explanation: 545 x 1.045 to add the 4.5% increase in tax

First and Last Name 1. A waste oil tank is five feet wide by twenty feet long. The empty tank on your truck holds 5,000 gallons. If 7.48 gallons are in every cubic foot, what is the maximum depth the oil can be to completely fit into your truck? * A) 0.15 B) 668 C) 6.38 D) 6.68'​

Answers

Answer:

b)668

Step-by-step explanation:

volume of the truck: 5000/7.48=668.45cu/ft

let d= the depth of the oil in the truck

5 *20*d=66.8.45

100d=66.8.45

d=668.45

so it would be b :)

IF YOU ANSWER THESE FOR ME...I'LL DO ANYTHING...anything...FOR you PLZ!!!!

Answers

All you are doing for these problems is plugging in your given x value into the equation given in the answer choices and seeing if you get the answer for “y” given in the table.

Answer:

For the first table:

A) y=5x-3 (plug in -6 in place of x and see if you get -33. Do the same for 3,9,-4,-5)

y=5(-6)-3=-30-3=-33

y=5(3)-3=15-3=12

y=5(9)-3=45-3=42

y=5(-4)-3=-20-3=-23

y=5(-5)-3=-25-3=-28

Your answer for the first image is A) y=5x-3

For the second image: (plug in 4 in place of x and see if you get 26. Do the same for -2,1,8,-3)

y=6x-2

y=6(4)-2=20-2=18 WRONG it should be 26

y= 6x+2

y=6(4)+2=24+2=26

y=6(-2)+2=-12+2=-10

y=6(1)+2=6+2=8

y=6(8)+2=48+2=50

y=6(-3)+2=-18+2=-16

Answer for image 2 is B) y=6x+2

Answer:

hi

Step-by-step explanation:



Evaluate:
20
5.2-^3

Answers

Answer:

3  37 over 41

Step-by-step explanation:

helpppp please will give brainliest ​

Answers

'See the attachment....

Find three consecutive integers whose sum is 51.

Answers

Answer:

16,17,18

your welcome

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