Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of all hamburgers sold): 25 percent, 24 percent, 18 percent, 12 percent, 11 percent, 6 percent, and 4 percent.

Answers

Answer 1

Answer:

a. Four-firm concentration ratio is the total sales percentage of the top 4 burger shops in the industry;

= 25% + 24% + 18% + 12%

= 79%

b. Herfindahl index is the sum of the squares of the percentage sales of all the shops in the industry;

= 25² + 24² + 18² + 12² + 11² + 6² + 4²

= ‭1,842‬

c. Top 3 shops combine to form one shop.

= 25 + 24 + 18

= 67%

Four-firm ratio = 67% + 12% + 11% + 6%

= 96%

‭Herfindahl index = 67² + 12² + 11² + 6² + 4²

= ‭4,806‬


Related Questions

Business management typically requires graduate school.
OA.
True
OB.
False

Answers

False that’s not true

Answer:

true

Explanation:

Imagine you are creating a new product to sell in an up-and-coming market. Which of the below statements indicates that it would be easy for you, as the new entrant, to compete in this market? the threat-of-new-entrants force is high in the up-and-coming market; the threat-of-new-entrants force is low in the up-and-coming market; the threat-of-new-entrants force is impossible to define in the up-and-coming market; all of these, depending on the time of year.

Answers

Answer:

very easy

Explanation:

because im the product maker and im also smart in what im doing

The threat of new entrants force is high in the up-and-coming market statements indicating that it would be easy for you, as the new entrant, to compete in this market. Thus, option A is correct.

What is a market?

A market is made up of various structures, organizations, procedures, and processes that allow people to exchange goods and services. The majority of marketplaces rely on merchants providing their products or services to purchasers in exchange for payment, however, participants may swap products by barter.

As the market is at a boom everyone wants to enter the market. This clearly depicts that there will be a new entry into the market. This will increase the competition and the contract manufacturer or the seller needs to have some strategies which will help them in selling their product. Therefore, option A is the correct option.

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11. Describe a time when you have worked with a group of people, such as with students for a school project, with coworkers at a job, or with family members to complete a chore. Describe the dynamics of the group, and then describe at least one way the group dynamics could have been improved. (3-6 sentences)

Answers

Answer: so here is my answer for Describe a time when you have worked with a group of people, such as with students for a school project, with coworkers at a job, or with family members to complete a chore. Describe the dynamics of the group, and then describe at least one way the group dynamics could have been improved. (3-6 sentences)

Explanation:

I'm just getting off work after a 10 hour day.  Now I have to go pick my sister up from dialysis - then go home and make supper.  May have to do a load of laundry.  Walk and feed the dog.

But if I have a minute - because apparently only you are the one being slammed - I'll work on it for you.

Answer:

so here is my answer for Describe a time when you have worked with a group of people, such as with students for a school project, with coworkers at a job, or with family members to complete a chore. Describe the dynamics of the group, and then describe at least one way the group dynamics could have been improved.

Explanation:


If the labor costs were $1,500,000 last year and $1,300,000 this year, what percentage decrease was achieved? (Round to the nearest percent)

Answers

Answer:

13%

Explanation:

If the labor costs were $1,500,000 last year and $1,300,000 this year, what percentage decrease was achieved? (Round to the nearest percent)

labor costs were $1,500,000 and now $1,300,000.

the actual decrease  is $1,500,000 - $,1,300,000= $200,000

the percentage decrease

=$200,000/$1,500,000 x 100

=0.1333 x 100

=13.33%

When sending a contract to a client which mailing service would she use

Answers

Answer:

she should use the closest on

Explanation:

Gross Domestic Product or GDP can be

a)Value of output of goods and services during one year

b) National Income

c)National Output

d)Aggregate Demand

e)All the stuff made by one country in one year

f)All of the above or any of the above

Answers

Answer:

f)All of the above or any of the above

Explanation:

GDP or gross domestic product is the aggregate of the values of goods and services produced within a country's boundaries. In calculating the value of GDP, economists consider the value of finished goods only.

GDP is calculated using the expenditure approach and the income approach. With the expenditure approach, GDP is the sum of all consumers, government, incomes, and net imports. The result is GDP and also the aggregate demand.

In the income approach, the GDP is the sum of all national incomes . In other words, GDP is equal to Sales Taxes plus Depreciation and Net Foreign Factor Income.

If you own a small business, which of the following helps with your finances?
ОА.
Bank teller
OB.
Bank loan officer
OC.
Accountant
OD.
Business analyst

Answers

Answer:

C. Accountant

Answer:

your answer is C accountant

Explanation:

Using a budget is a good way to what?
A.)stay out of debt


B.)avoid risky investments


C.)pay for utility bills


D.)earn dividends

Answers

Answer: A. stay outta debt

Answer:

A stay out of debt

Explanation:

A budget gives you an action plan and clear picture of where your money is ending up each month. Budgeting will help you achieve the goals you’re working toward whether that’s getting out of debt, saving for retirement, or just trying to keep your grocery bill from getting out of hand.

Which of the following caused readership of The Boston Globe to plummet?
poor journalism
a competitor
online news
rising subscription costs

Answers

Answer: Online news

Explanation: I took the quiz and got the answer right.

1. Consider the production function Q = (0.5K1/3 + 0.5L1/3)3 . Suppose the firms want to minimize the cost of producing 8 units of output. It pays a wage rate W of $40 and capital cost R of $10. How many units of labor and capital should the firm use?

Answers

Answer:

The answer is "k= 16 units and L=0 units"

Explanation:

Given:

[tex]Q = (0.5K^{\frac{1}{3}} + 0.5L^{\frac{1}{3}})^3[/tex]

Since K and L are ideal replacements, their company should select its cheapest of two for production. Its business chooses only money.

[tex]\to Q(K,L)=(0.5 K^{\frac{1}{3}})^3 \\\\\to 8= 0.5K^{(\frac{1}{3})}^3\\\\\to 2= 0.125 \ K \\\\\to K=16[/tex]

[tex]K=16 \ units \\\\ L=0 \ units[/tex]

Kelly hears an economist argue that organized labor lowers businesses'
productivity. What is the most likely basis for the economist's argument?
A. Union workers do not put forth as much effort as non-union
workers.
B. Union organizing historically involved manufacturing jobs.
C. Union workers do not receive employee benefits.
D. Union pay tends to be higher than non-union pay for similar jobs.

Answers

Answer:

D. Union pay tends to be higher than non-union pay for similar jobs.

Explanation:

Labor unions are always advocating for higher wages for their members.  As a result, organized labor is always paid higher wages than the market rates. The exorbitant wages and benefits that unionized workers get make the per-unit output of labor expensive. A company with union workers will pay higher wages per hour or per unit produced than a business that pays as per the market rates.

Help Here People FAST :) Anyone Answers will Become BRAINIEST
EXPLAIN 5 degrees of elasticity with Diagram :)

Answers

Answer:

The concept of price elasticity of demand has been defined by different economies as under:

“Elasticity of demand may be defined as the percentage change in quantity demanded to the percentage change in-price.”

ADVERTISEMENTS:

 

“Elasticity of demand is the ratio of relative change in quantity to relative change in Price.”

“ The elasticity of demand for a commodity is the rate at which quantity bought change the price change.”

“The elasticity of demand is a measure of the relative change in quantity to a relative change in price”.

“Elasticity of demand measures the responsiveness of demand to changes in price”.

Explanation:

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How do companies give people an incentive to spend money? give an example

Answers

hope this helps:
companies use incentives as a way to motivate the customers to spend more money for the benefits. examples of incentives would be discounts or free items (like a buy one get one deal)

Which is a helpful resource for you during the process of buying a home? A. Realtors B. Local programs C. Government programs D. All of the above

Answers

Answer:

A. Realtors

Explanation:

A realtor is a professional who helps clients buy and sell properties.  Realtors are registered by the National Association of Realtors (NAR) and licensed to practice by their local authorities.

Realtors work for real estate companies. They may be real estate agents, salespeople, residential and commercial real estate brokers, property managers, or appraisers. Since they are recognized by law, and their work revolves around properties, realtors stand in a better position to assist someone buying a house.

Most criticism is meant to _______.

-help you improve
-make the critic feel better
-discourage you
-make you angry

Answers

Answer: help you improve
first answer, help you improve

You get a 15% discount if you buy a new range listing at $924.95 and a new freezer listing at $12,695.95 on the same bill. What is the total savings for both with your discount? a)$2,043.14 b)$2,083.67 c)$12,695.95 d)$13,620.90

Answers

Answer:

a)$2,043.14

Explanation:

The discount is applicable when both items are bought together.

the total bill for the two items will be  $12,695.95 + $924.95

=$13,620.90

15% discount  of $13,620.90

=15/100 x $13,620.90

=0.15 x $13,620.90

=$2,043.135

=$2,043.14

Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.

Answers

Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.

Explanation: Those are two primary functions.

The banks function in three ways as transfer money from savers hold deposits, and make money by giving loans.

What is a banking system?

A banking system is one that is a group or a network of institutions that provides financial services to people. The banking system includes the provision of loans, deposits, and helping investments.

The bank transfers the money from the savers to borrowers by holding the deposits and lending the excessive transfer of reserves.

Find out more information about the banking system.

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Expanding beyond their ________ roots, online mattress seller Casper Sleep and online clothing retailer Bonobos have opened physical showrooms that give shoppers an opportunity to experience their products.

Answers

Answer:

D. market space

Explanation:

In the market space is a virtual market place where the physical boundaries are not applied. It is the integration of the various areas that are relevant for considering a market in terms of technology that operated in an electronically manner

Therefore in the given case, the option D is correct as it fits to the given scenario

Hence, the same is to be considered

Frank Furter is driving his new Ford down Harbor Boulevard, when he breaks his tooth on a foreign object in a hotdog he is eating. He is so startled by this event that he fails to notice that the car in front of him has come to a stop. Frank slams on his brakes so hard that it causes his front tire to blow out and he loses control of his Ford and hits a tree. If Mr. Furter sues the hot dog stand and the tire manufacturer, what theory or theories may he use? Discuss. Will the hot dog stand be liable for the car accident?

Answers

Answer:

Frank Furter can sue hot dog stand and tire manufacturer for breaking of his tooth.

Explanation:

Frank furter can sue the hot dog stand as it was the main cause of his accident. The car is designed for having a luxury driving experience but the accidents may happen any time and there should be suitable brake system which can stop the car immediately or in few seconds. The tire should not burst as this will enhance the damage in the accident.

NEED HELP ASAP!!!
Which TWO statements describe advantages of e-filing tax returns?
A. Taxpayers can download the tax forms from the IRS website and mail the completed forms directly to the IRS.
B. Taxpayers can use a software program for assistance in entering the required information and the tax calculation.
C. Taxpayers can avoid delayed returns and ensure quicker processing and faster refunds.
D. Taxpayers get a tax rebate for using an environmentally friendly process.
E. Taxpayers can seek free advice from the Volunteer Income Tax Assistance program.

Answers

Answer:

B. Taxpayers can use a software program for assistance in entering the required information and the tax calculation.

C. Taxpayers can avoid delayed returns and ensure quicker processing and faster refunds.

Explanation:

E-filling is electronic tax filling. It involves filing and submitting tax returns via the internet. A taxpayer needs to access the tax authority's website and fill-in the relevant details.  The tax authority usually has customized programs that make the tax-payers work easy.

E-filling is quick and convenient. The taxpayer does not need to travel or send tax documents to the tax office. They fill the tax forms online and submit them immediately. The tax information is captured and stored in the systems.  There are quick references and records don't get lost, which makes refund processes faster.

Answer:

B and C

Explanation:

Just got 100%

Which of the assets has the greatest liquidity?​

Answers

Answer:

You have a choice of B. or D.

I will go with D.

Explanation:

hope it's correct

You push really hard against a round rock, but you cannot make it roll. Which statement best explains why you cannot move the rock? a Gravity pulls the rock toward the center of Earth. b The forces between you and the rock are balanced. c The force of your push is greater than the opposing force. d There is no friction to help you move the object.

Answers

Answer: The forces between you and the rock are balanced.

Explanation:

Static friction opposes the applied force.  Static friction is a self - regulating opposing type of force which increases with increase in applied force until a critical limit.  Since the weight of rock is huge, the critical limit is also very large in value. We need to apply a large amount of force to reach the critical limit.  For now the applied force is balanced with friction.  The hence the block doesn't move!

Answer:

THE FORCES BETWEEN YOU AND THE ROCK ARE BALANCED ;]

Explanation:

MARK ME S BRAINLIEST PLZ

Book store owner, Sandra Walker, has a personal check from one of her customers, payable to The Book Nook. Sandra wants to deposit the check into the store’s account. Use a restrictive endorsement.

Answers

Answer:

see below

Explanation:

Endorsing a check is communicating to the bank how a check is to be cashed. A restrictive endorsement puts limits on how a check or other financial instruments are to be used.

The most common type of restrictive endorsement is for the payee to write the words" for deposit only" at the back of the check. The payee then signs and indicates their account number. This instructs the banks to pay the check amount to that account.

Sandra walker should write the words "for deposits only" at the back of the check. She has to indicate the bank account number for The Book Nook and sign at the back.

What makes an Interior Design Business so successful

Answers

Answer:

the soft ness of the fabric

TexMex Food Company is considering a new salsa whose data are shown below. The equipment to be used would be depreciated by the straight-line method over its 3-year life and would have a zero salvage value, and no change in net operating working capital would be required. Revenues and other operating costs are expected to be constant over the project's 3-year life. However, this project would compete with other TexMex products and would reduce their pre-tax annual cash flows. What is the project's NPV? (Hint: Cash flows are constant in Years 1-3.)WACC 10.0%Pre-tax cash flow reduction for other products (cannibalization) -$5,000Investment cost (depreciable basis) $80,000Straight-line depreciation rate 33.333%Annual sales revenues $67,500Annual operating costs (excl. depreciation) -$25,000Tax rate 35.0%a. $3,636b. $3,828c. $4,019d. $4,220e. $4,431

Answers

Answer:

b. $3,828

Explanation:

initial outlay = $80,000

net cash flows years 1 - 3 = [(revenue - operating expense - depreciation - cannibalization) x (1 - tax rate)] + depreciation = [($67,500 - $25,000 - $26,666.67 - $5,000) x 0.65] + $26,666.67 = $33,708.33

NPV = -$80,000 + $33,708.33/1.1 + $33,708.33/1.1² + $33,708.33/1.1³ = -$80,000 + $30,643.94 + $27,858.12 + $25,325.57 = $3,827.63 ≈ $3,828

Based on the information given, the project's NPV will be $3,828.

The net present value is simply used in the estimation of the current value of the future cash flows that are generated by a project.

Based on the information given, the net cash flows from the first to the third year will be:

= [($67,500 - $25,000 - $26,666.67 - $5,000) x 0.65] + $26,666.67

= $33,708.33

Therefore, the NPV will be:

= -$80,000 + $33,708.33/1.1 + $33,708.33/1.1² + $33,708.33/1.1³

= -$80,000 + $30,643.94 + $27,858.12 + $25,325.57

= $3,827.63 ≈ $3,828

Therefore, the NPV is $3,828.

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Kim would like to have a simple method for entering data into a database. She should create a _____.

report
form letter
data entry form
graph

Answers

Answer:

data entry form please brainliest me

Explanation:

Answer:

Kim would create a data entry form

Explanation:

A Las Vegas hotel want to provide to bear experience for a rep for its rapidly growing custom made base from China at the hotel can best do this by hiring

Answers

Answer:

Brian, a Mandarin interpreter who loves to interact with groups of all sizes.

Explanation:

In the context, a hotel in Las Vegas wants to give to experience for a representative for the increasingly growing customs which is made base from country China. The hotel can best do this by hiring Brian who is a Mandarin interpreter and he loves to meet and to interact with all size of people.

He can better able to facilitate the requirements of the travelers from China in a broader sense. Brian can allow the travelers less fluent in English speaking to make advantage of the available features at the hotel and also the amenities that the hotel offers. He bridges the language gaps between the hotel and the Chinese travelers.  

Standard costs should be developed by: Group of answer choices The CEO The most experienced managerial accountant at the company a democratic vote of all company employees a cross-functional team of all persons who have knowledge regarding a company's costs and production processes

Answers

Answer:

The most experienced managerial accountant at the company

Explanation:

In simple words, By historical experience or industrial guidelines, a standard cost can be calculated. To calculate its performance, the organisation will then evaluate the typical costs versus the real performance. There is a disparity often when measuring standard costs to real outcomes. Thus, the most experiences person in accounting should compute it.

Samuel's full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Administration retirement program, if Samuel decides to take retirement as early as age 63, his monthly benefit will be

Answers

Answer:

Assuming that Samuel's retiring age is exactly 65 years old, and he starts collecting benefits 24 months before his full retirement age (exactly on his birthday number 63), then he will receive $867 per month (or 86.7% of his full benefits).

This calculation varies depending on the number of months, e.g.

months before full retirement age                   % of full retirement benefit

24                                                                     86.7%

23                                                                      87.2%

22                                                                      87.8%

21                                                                      88.3%

20                                                                      88.9%

19                                                                      89.4%

18                                                                      90.0%

17                                                                      90.6%

16                                                                      91.1%

15                                                                      91.7%

14                                                                      92.2%

13                                                                      92.8%

Select the examples of workers commonly found in Business, Management, and Administration work environments. Check all that apply.

C folds clothing in a department store.
S leads a meeting in a private conference room.
Jr works in a private office on a computer.
L sets up sound and camera equipment in a theater.
T sits at a desk and answers telephone calls and e-mails.
J measures distances on a construction site.

Answers

Answer:

2, 3, 5

Explanation: your welcome, love.

Every Business, Management, and Administration work  employee  are the persons work in the office do the paper work and mange all operational and financial work of the organization . Hence option C ; S ; T are correct options

Who is Management and Administration  worker ?

An administrative employee is someone who oversees other workers who are members of another trade union and who typically work in office administration, construction, security, or maintenance.

Employees who have a common interest with "supervisors" are included by this definition. A general manager, business manager, administrator, director, or other person who has operational or managerial control over, or who directly or indirectly manages, the day-to-day operations of a facility, organization, or agency is referred to as a managing employee.

Management is a methodical approach to controlling individuals and resources within an organization. The act of running the entire organization by a group of people is referred to as the administration.

Planning, coordinating, and coming up with solutions to streamline administrative systems and procedures appointing duties and office space, as well as hiring and training staff.

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Please help 100 points max Ill do!!!!!One of the central ideas of Narrative of the Life of Frederick Douglass is that owningenslaved people ultimately makes slaveholders inhuman. In a well-developedresponse of one paragraph, describe how Douglass develops and supports thiscentral idea, citing specific evidence from the text and exploring how Douglassmakes connections between key events and the central idea in your response. rearrange x - y + 1 = 0 Subtract (3x +5y-4)-(4x+11) If lilian finds 1,000,000 balls on the beach and spends 95 hours finding the balls by herself if she has 3 friends helping her how long will they get done PLSS HELP ME! Read each statement below and decide if you agree or disagree. Write Agree or Disagree below each statement, based on your decision. 1. Temperature is the measurement of how hot or cold something is.2. When something heats up, new energy is created, and when something cools down, energy is destroyed.3.When something heats up, it moves faster, and when something cools down, it moves slower.4. Hotter things have more energy than colder things. f(x)= -10x+6 Evaluate the function.f(-2)=a.-26b.-14c.0.8d.26 Sean plated an unknown metal onto his silver earring which initially weighed 1.41 g. He constructs an electrolytic cell using his ring as one of the electrodes. After running the cell, 0.022 moles of the unknown metal was plated onto his ring and the mass of the ring increased to 3.952 g. What is the atomic weight of the unknown metal in g/mol What are some facts about hurricanes in the Caribbean Type the correct answer in the box. Spell all words correctly. What is the correct term for blocked sunlight and reduced solar radiation as a result of a volcanic eruption? When dust and ash particles from a volcanic eruption block out sunlight and reduce solar radiation, Earth experiences the . This results in temporary climate cooling. PLZ MATCH THEM UP! FIRST ONE TO GIVE ME A REAL ANSWER GETS BRAINLIEST!!!_____ 1. candidate who received the backing of his home state rather than that of the national party_____ 2. more than half_____ 3. largest single share_____ 4. attempts to ruin an opponents reputation with insults_____ 5. an overwhelming victory_____ 6. a system in which non-elected officials carry out the law_____ 7. the practice of replacing government employees with the winning candidates supporters_____ 8. the system in which delegates from the states selected the partys presidential candidate_____ 9. the idea that the states have many rights and powers that are independent of the federal government_____ 10. to move someone to another place to live_____ 11. type of war tactics in which fighting forces make surprise attacks and then retreat into hiding_____ 12. an attempt to show presidential candidate William Henry Harrison as a man of the peopleA. relocateB. states rightsC. guerrillaD. pluralityE. bureaucracyF. spoils systemG. landslideH. favorite sonI. majorityJ. log cabin campaignK. mudslingingL. nominating convention Whats the answer to this? Only if you know it though!! why did Mexico allow colonies after it gained independence from Spain what does interval training involve Iron Works International is considering a project that will produce annual cash flows of $38,000, $46,700, $57,400, and $22,900 over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $113,000 La mujer es _____ que los nios.1. menor 2. peor 3. mayor4. mejor Select the correct navigational path to edit the name of a cell range using name manager match each leader with the role he played in uniting italy? Does anyone know where I can find the teacher edition of this book "World history patterns of interaction"PLEASE HELPPP In the story Wish, What did Howard show Charlie when she first visited his house? 7 in9 in5 inwhat is the volume