Answer:
40%
Explanation:
The four firm concentration ratio calculates the concentration ratio of the 4 largest firms in an industry.
Four firm concentration ratio = 0.2 + 0.1 + 0.07 + 0.03 = 0.4 = 40%
The captains of industry like J.P. Morgan<span> respond to signs that the stock market was about to </span><span>collapse by meeting each other and trying to save the market. J.P. Morgan invited the leading bankers and financial experts to his home where they set up a shop in his library. They labored to channel money from strong institutions to weaker institutions to keep them afloat. Their efforts improved the condition of the economy over several weeks.</span>
The correct answer is: [D]:
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" their products than to customer needs. "
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Hope this helps!
Best wishes!
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Answer:
What is the question?
Explanation:
I suppose that is if it is profitable to hire the new worker, according to microeconomics this decision must be based in something called marginal income and must be compare with the marginal cost because they can increase the income but not the profit depending of the cost of the new worker.
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