The largest Herfindahl-Hirschman Index that an industry can get is <u>10,000 </u>and the only industry this is possible in is a Monopoly.
The Herfindahl-Hirschman Index (HHI) is calculated by summing the squares of the market shares of the various companies in an industry.
In a monopoly, a company could have a 100% market share. When this happens, the HHI would be:
= 100 ²
= 10,000
In conclusion, the highest HHI is 10,000 and this can only happen in a monopoly.
<em>Find out more at brainly.com/question/4563430. </em>
<span>Mr. i.'s suffered from dacryorrhea, which is excessive tearing from the eye, and irriation os (os=oculus sinister which means left eye in latin) over a 48 hour period. A possible cause of the symptoms may have been from paint fumes, due to being assigned to the painting division of the auto-assembly plant.</span>
Change in quantity supply will lead to a shift in supply curve.
<h3>What is change in supply?</h3>
Change in supply lead to a shift in the supply curve either to the left or right.
This occur in the price to quantity relationship which defines a supply curve.
This change often makes the supply curve becomes steeper and flatter.
Therefore, Change in quantity supply will lead to a shift in supply curve either to right or left.
Learn more on supply curve here,
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Answer:
Year-end WIP 62,200
jounral entry for completed jobs:
-------------------------------------
Finished Good Inventory 1,149,800 DEBIT
WIP inventory 1,149,800 CREDIT
-------------------------------------
Explanation:
<u>WIP </u>
Beginning $ 72,000
Materials $ 390,000
Labor $ 500,000
Overhead <u>$ 250,000</u>
Total WIP $ 1,212,000
<u />
<u>Finished Jobs:</u>
Job 210 $ 200,000
Job 224 $ 225,000
Job 216 $ 288,000
Job 230 <u>$ 436,800</u>
Total $ 1,149,800
the jobs complete will move to finished good and credit WIP inventory
WIP year-end:
1,212,000 - 1,149,800 = 62,200