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lana [24]
2 years ago
13

Suppose that three firms make up the entire bicycle manufacturing industry. one has a 60% market share, and the other two have a

20% market share each. the herfindahl-hirschman index of this industry is. a new firm, abe's bikes, enters the bicycle manufacturing industry and immediately captures a 20% share of the market. this would cause the herfindahl-hirschman index for the industry to .
Business
1 answer:
Dvinal [7]2 years ago
6 0

Answer:

60

Explanation:

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Managers organize information about a given job by performing a job analysis to determine the following with regard to that job:
Law Incorporation [45]

Answer:

All of the above.

Explanation:

Job analysis is when manager uses information available as a criteria for determining attributes required to perform a job.

In job analysis, information is made available to managers to know which employee is best suited for a particular role. It is also used to measure the capacity of employees whether they are being under or over utilized.

For effective job redistribution, job analysis is best recommended because it describes the work of current employee, working conditions and necessary educational certifications. Skills needed to perform on a role are also part of what is being considered in job analysis.

5 0
3 years ago
Understanding opportunity cost
vaieri [72.5K]

Answer:

D.$24

Explanation:

Opportunity cost: The opportunity cost is that cost which gives the best alternative option

The computation of the total cost is shown below:

= Earning per hour + admission fee

= $15 per hour + $9

= $24

Since the question is asking for the total cost, so we consider both the costs i.e earning per hour and admission fee.  

8 0
3 years ago
Other things the same, a decrease in the price level makes consumers feela.more wealthy, so the quantity of goods and services d
djyliett [7]

Answer:

<h2>The answer in this case would be option a. or feel more wealthy, so the quantity of goods and services demanded rises. </h2>

Explanation:

  • As a common consumer psychology,as the price of any good or service decreases,any rational consumer or buyer feels more wealthy compared to before as the purchasing power of the consumers or buyers pertaining to that particular good or services has increased,everything else held constant.
  • Purchasing power of any good or service is generally reflected by the purchasing or buying capacity of that good or service with the amount of money that a consumer or buyer has at his or her disposal.
  • As the price of any good or service decreases,it becomes cheaper to the consumer,again everything else considering constant.In other words,it increases the purchasing power or capacity of the consumers or buyers.Therefore,the typical consumer or buyer will prefer or demand more of that particular good or service thereby,increasing its quantity demanded due to a price reduction.
3 0
3 years ago
Megan Finder, a recent college graduate, is applying for her first credit card. The creditor has asked for a personal net worth
valentina_108 [34]

Answer and Explanation:

The computation of the net worth statement is shown below:

Assets

Checking account  $800

Scooter $2,000

Total assets $2,800 (A)

Liabilities

OWed to jaycee Auto $920

River college $125

Total liabilities $1,045 (B)

Net worth $1,755 (A - B)

7 0
2 years ago
Out line four roles played by entrepreneurs in Kenya​
eduard

Answer:

The roles of entrepreneurs in Kenya are:

  1. Looking out for and spotting opportunities in the market
  2. Creating jobs
  3. Increasing the Internally Generated Revenue of Kenya
  4. Development of Infrastructure

Explanation:

  • Entrepreneurs know how to spot changes and patterns in business trends. When the market begins to tilt in a particular direction, entrepreneurs are quick to spot and take advantage of such. Many times, they even think of the demand before the market knows it to exist.
  • Job creation is one of the reasons why SMEs are invaluable to any economy. Kenya inclusive.
  • When a business does well, where it is located, this translates to increased revenue for the government. There are two main channels via which the government can make money from businesses:

A. Company Income Tax

B. Taxes paid to the government by employees working in such establishments.

Countries that are business savvy run an environment that is enabling for entrepreneurs whilst providing tax incentives for top talent. Hence attracting more revenue to their coffers.

  • Because governments need businesses to thrive, they provide every amenity that is necessary for businesses and their staff to be comfortable in such environments. This way, entrepreneurs indirectly influence the development of infrastructure.

Cheers

8 0
2 years ago
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