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AveGali [126]
4 years ago
6

Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al

l hamburgers sold): 27%, 25%, 21%, 12%, 8%, 5%, and 2%.a. What is the four-firm concentration ratio of the hamburger industry in this town?b. What is the Herfindahl index for the hamburger industry in this town?c. If the top three sellers combined to form a single firm, what would happen to the four-firm concentration ratio and to the Herfindahl index?

Business
1 answer:
kap26 [50]4 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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When an employee shadows another employee to observe the performance of the duties of his job and then the roles are reversed th
azamat

When an employee shadows another employee to observe the performance of the duties of his job and then the roles are reversed this is known as: on-the-job training.

  • An essential area of human resource management is on-the-job training. It supports both the successful growth of the organization and the individual's professional development. One type of training offered at the workplace is on-the-job training.
  • On-the-Job Training (OJT) is defined as training in the public or private sector that is provided to a paid employee while they are engaged in productive work and that offers the knowledge and skills necessary to function fully and adequately on the job. OJT.
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Thus this is the answer.

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8 0
3 years ago
Abby purchased 100 shares of her dad’s favorite stock for $25.80 per share exactly 1 year ago, commission free. She sold it toda
Zina [86]

Answer:

2865.09

Explanation:

V0 = #Shares * Price per Share

V0 = 100 * 25.8 = 2580

V1 = Today´s Value

V1 = 2865

Return Year 1 = (V1 - V0) / V0

Return Year 1 = (2865 - 2580)/2580

Return Year 1 = 11.05%

New Investment

Abby's desire is to get the same return of 11.05%. So for the next year her investment should be 2580 * (1 + return) --> 2580 * (1 + 0.1105) = 2865.09.

Remember that we are assuming that the 50 are part of the purchase price and we are assuming that she did not add any money.

8 0
3 years ago
The word valet comes from the French term for "caretaker."<br><br> true<br> false
mezya [45]
I would say true, considering the French term valet was used in the late 15th century when they referred to a footman acting as an attendant to a horseman, which evolved into a man's personal male attendant, responsible for his clothes and appearance, which could also be a caretaker.
3 0
3 years ago
Blake is a manager at a sporting goods store and needs to fill an open position for an assistant manager. Austin works in the st
egoroff_w [7]

Answer:

The correct answer is the option C: If Blake promotes Austin, it will leave another vacancy to fill.

Explanation:

To begin with, in the case that a vacancy is available in the company and that its manager needs to find a person for the job then the most probable thing to do is to look for someone through outside sources due to the fact that even though it might cost as well as promoting Austin, the fact of just promoting him will cause the fact of rising his wage and also looking for someone new to cover his old job and therefore to pay another one again. That is why, that instead of falling into two different actions it is better to just look for someone new.

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3 years ago
Disney’s my magic system, which enables visitors to swipe their magic band wristbands to get on rides, make purchases, and open
Lera25 [3.4K]

<em>Answer:</em>

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2 years ago
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