Answer:
A. 3,789
B. 100%
C.5,000
Explanation:
(a) Total market ($'000) = 310 + 725 + 405 = 1,440
Firm 1 share = 310 / 1,440 x 100 = 21.53%
Firm 2 share = 725 / 1,440 x 100 = 50.35%
Firm 3 share = 405 / 1,440 x 100 = 28.12%
HHI = (21.53)2 + (50.35)2 + (28.12)2 = 3,789
(b) Since there are only 3 firms in market, therefore the four-firms concentration ratio will be 100% b
(c) Total revenue share of the two firms = (310 + 405) / 1440 x 100 = 49.65%
Post-merger HHI = (49.65)2 + (50.35)2 = 5,000
Yes. If the guideline considers any post-merger HHI above 1800 as highly concentrated market, this merger will be probably attempt to block a horizontal merger between two firms with sales.
<span>An error value begins with a number sign (#) followed by an error name that indicates the type of error.
Green triangles are used by the excel to denote error indicators. Stop, warning and information are error alert types that are supported by excel.</span><span>
</span>
Risk aversion is the behavior in someone when they are exposed to uncertainty and are unsure of something due to being uncertain about it.
In this case, reluctant for taking changes when making investment best describes risk aversion from an economics stand point. If someone isn't sure the return on investment they would get from investing or the risks associated with investing in something, they are more hesitant to do that.
Answer:
superseding or intervening event
Explanation:
A superseding or intervening event refers to an event that occurred after the initial negligent event that caused the injury or the accident. If this intervening event causes further injury or damage, the tortfeasor is not responsible for it.
The golfer (tortfeasor) is responsible for hitting the spectator (initial negligent act), but the lightning hitting him/her while lying on the floor is considered a superseding event and the golfer is not responsible for any damages caused by the lightning.
Answer:
Sole proprietorships and partnerships generally have a tax advantage over many corporations, especially large ones.
Explanation:
Sole proprietorships have a few advantages over different business substances. They are anything but difficult to frame, and the proprietors appreciate sole control of the business benefits. In any case, they likewise have disadvantages, the biggest of which being that the owner is personally liable for all business losses and liabilities.