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zhannawk [14.2K]
1 year ago
8

The Herfindahl index equals ______. Multiple choice question. total market shares of the largest four firms in an industry sum o

f the squared percentage market shares of all firms in an industry average percentage market share in an industry percentage market shares of all firms in an industry
Business
1 answer:
Lelu [443]1 year ago
8 0

The Herfindahl index equals sum of the squared percentage market shares of all firms in an industry.

<h3>What is Herfindahl index?</h3>

The Herfindahl Index can be regarded as the common measure of market concentration which is used in measuring the market in term of the competition.

In calculating this  Herfindahl Index, we can determine the pre- and post-M&A and  equals sum of the squared percentage market shares .

Learn more about  Herfindahl index at; brainly.com/question/15701307

#SPJ1

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Papessa [141]

Answer:

$3,190

Explanation:

Incremental net income before tax = Incremental gross profit - Incremental SG&A expenses

= $5,000 - $400

= $4,600

Incremental net income after taxes = Incremental net income before tax * (1 - Tax rate)

Incremental net income after taxes = $4,600 * (1 - 0.35)

Incremental net income before tax = $4,600 * 0.65

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3 0
3 years ago
The Poison Apple Diner had an average dinner cover charge of $8.75 during the month of September, when 3,000 atrons were served.
skelet666 [1.2K]

Answer:

0.583

Explanation:

Data provided in the question;

Average dinner charges = $8.75

Initial demand = 3,000 atrons

Increase in price = $0.50

Final demand = 2,900

Thus,

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Now,

The price elasticity of demand = \frac{\textup{Percentage change in demand}}{\textup{Percentage change in price}}

also,

Percentage change in demand = \frac{\textup{Change in demand}}{\textup{Initial demand}}\times100\%

= \frac{\textup{100}}{\textup{3000}}\times100\%

= 3.33%

Percentage change in price =  \frac{\textup{Change in price}}{\textup{Initial price}}\times100\%

= \frac{\textup{0.50}}{\textup{8.75}}\times100\%

= 5.714

thus,

The price elasticity of demand = \frac{\textup{3.33}\%}{\textup{5.714}\%}

= 0.583

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3 years ago
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CaHeK987 [17]
Marketing information has no value until it is used to make better marketing decision.


Hope this helps 
8 0
3 years ago
Suppose mary is willing to pay up to $15,000 for a used ford pick-up truck. If she buys one for $12,000, her ______ would be ___
Vitek1552 [10]

Explanation:

Suppose Mary is willing to pay up to $15,000 for an used Ford pick-up truck. If she buys one for $12,000, her ______ would be ______.

Select one:

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d. economic surplus; $12,000

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