<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.
Answer:
$0.44
Explanation:
Given that,
Beginning work in process = $5,500
Started in April = $18,500
Units completed = 42,500
Ending Work-in-Process = 12,500
Using the weighted-average method,
the cost per equivalent unit for materials is as follows:
= (Beginning work in process + Started in April) ÷ (Units completed + Ending Work-in-Process)
= ($5,500 + $18,500) ÷ (42,500 + 12,500)
= $0.44
Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
Answer:
190
$60
Explanation:
Equilibrium price is the price at which quantity demanded equals quantity supplied
Equilibrium quantity is the quantity at which quantity demanded equals quantity supplied
Let x = change in quantity supplied
the following equations can be derived from the question
165 + 5x = total change in quantity supplied
240 - 10x = total change in quantity demanded
At equilibrium, quantity demanded equals quantity supplied. So,
165 + 5x = 240 - 10x
collect like terms and solve for x
15x = 75
x = 5
this means that quantity supplied would have to increase 5 times : 165 + 5(5) = 190
and quantity demanded would have to decrease 5 times : 240 + 10(5) = 190
equilibrium quantity is 190
equilibrium price = $55 + 1(5) = $60
Answer:
c and e
Explanation:
those are 2 examples of it
