These three together form total market, so here we have to add up everything to know volume of the market
A+B+C = 1,275,000 is the total market
Then we have to calculate individual market share
which would eb 1) 28.2%, 2) 50.9%, 3) 20.8%
This can be calcualated by simple percetage calculation. ( 1275000-360000/1275000*100)-100 will give what share each has.
Then we apply HHI formula
HHI = s1^2 + s2^2 + s3^2 + ... + sn^2
HHi is nothing but squaring of each of the percentages and adding them up
(28.2)2 +(50.9)2 +(20.8)2
812+2590+432 = 3834
HHI of 3834 shows it is highly competitve market.
Companies that try to act in a socially responsible way are likely to focus on such activities as increasing the diversity of their workforce, providing safety equipment and training for their workers using recyclable packaging.
<h3>How can companies act in a
socially responsible way ?</h3>
Companies that are trying to act in a socially responsible way would take steps to ensure that they protect labour, employ more minority groups and take steps to protect the environment. Companies that are trying to act in a socially responsible way often adopt ESG factors in their decision making processes.
To learn more about social responsibility, please check: brainly.com/question/14615085
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<span>American Express credit cards and credit cards in general are a type of revolving charge account. Credit cards are regarded as a revolving charge account or revolving credit because if the balance is not paid off by the period specified, it will roll over to the next period (and collect interest), thus "revolving" into the next period. This is how the debt compounds if you are not responsible with your credit cards.</span>
Answer:the change is 8.97. I’m not sure what the second one is wanting?
