1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darina [25.2K]
3 years ago
13

There are 10 firms in an industry, and each firm has a market share of 10 percent. the industry's herfindahl index is

Business
1 answer:
Anna35 [415]3 years ago
5 0
Herfindahl index is a number that allows us to determine the concentration of the firms of a certain industry in a certain location. This can be computed by squaring the market shares of each company and summing up all the squared marked shares. This is as shown below.

    square of market shares = (10^2) = 100

Since there are 10 companies, we may multiply the calculated value by 10 to give the final answer of, 1,000. 

Answer: 1,000
You might be interested in
The normal selling price per unit of a product is $480, and its total cost per unit is $375. Using the total cost concept, calcu
Arisa [49]

Answer:

The markup per unit is $105

Explanation:

The computation of the markup per unit is shown below:

Markup per unit is

= Normal selling price per unit - total cost per unit

= $480 - $375

= $105

We simply deduct the normal selling price per unit from the total cost per unit so the markup per unit could come

Hence, the markup per unit is $105 and the same is to be considered

5 0
3 years ago
McCoy Brothers manufactures and sells two products, A and Z in the ratio of 5:2. Product A sells for $75; Z sells for $95. Varia
torisob [31]

Answer:

1,350 units

Explanation:

The computation of the break-even point in composite units is shown below;

Composition contribution margin per unit is

= ($75 - $35) × 5  + ($95 - $40) × 2

= 310

Now break-even point in composite units is

= Fixed cost ÷ Composition contribution margin per unit

= $418,500 ÷ 310

= 1,350 units

8 0
3 years ago
Assume that the risk-free rate is 3.5% and the market risk premium is 6%. 1. What is the required return for the overall stock m
Radda [10]

Answer:

9.5 %

17.3%

Explanation:

The market required rate of return = risk free rate + ( Market Beta × Market risk premium)

= 3.5% + (1 × 6%) = 9.5%

The stock required rate of return = 3.5% + (2.3 × 6%) = 0.173 = 17.3%

I hope my answer helps you

6 0
3 years ago
Maddie's shoe store donated hundreds of pairs of shoes to needy children at an inner city school. A news crew reported on the do
chubhunter [2.5K]

Answer:

publicity

Explanation:

Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth.  An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.

Publicity messages are not paid for, unlike advertising.  In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.  

3 0
3 years ago
Y3K, Inc., has sales of $7,475, total assets of $3,525, and a debt−equity ratio of .34. Assume the return on equity is 20 percen
azamat

Answer:

Net Income is $485.4

Explanation:

According to the accounting equation

Assets = Equity + Liabilities

So putting value of assets = 3,525, and assuming equity = x, then:

3252 = Liabilities + x

Liabilities = 3252 - x

Now putting this value in the debt to equity formula,

Debt / Equity = 0.34

(3252 - x) / x = 0.34

3252 - x = 0.34x

1.34x = 3252

x = 3252 / 1.34 = $2427 This is the value of equity.

Now

Return on Equity = Net Income / Equity

and return on equity is $2427, so by putting values in the equation, we have:

0.20 = Net Income / 2427

Net Income = $485.4

4 0
3 years ago
Other questions:
  • An economy initially has 200 units of physical capital per worker. Each year, it increases the amount of physical capital by 10%
    11·1 answer
  • The overall cycle time in the buying process has been reduced due to:
    12·2 answers
  • Which of the following accounts will give you the LEAST access to your money ?
    13·2 answers
  • 2. What do you think would be the most challenging part of working in advertising? Explain.
    14·2 answers
  • An increase in the price of inputs will cause the equilibrium price to ______ and the equilibrium quantity to ______.a. increase
    15·1 answer
  • A stock is expected to earn 15 percent in a boom economy and 7 percent in a normal economy. There is a 35 percent chance the eco
    9·1 answer
  • If the income elasticity of demand for good X is negative and the cross-price elasticity of demand between good X and good Y is
    5·1 answer
  • Rojas Corporation’s comparative balance sheets are presented below.
    15·1 answer
  • chapter 13Identify the type of cash flow activity for each of the following events (operating, investing, or financing). The com
    11·1 answer
  • Looking at her report, jennifer realizes that her bank raised the rate on her last balance. Which federal legislation can she re
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!