Suppose there are 51 firms in a market. the largest firm has sales of $50 million and each of the other firms has sales of $1 million. the Herfindahl-Hirschman index of this industry is 2,550
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What is The Herfindahl index?</h3>
- The Herfindahl index, sometimes referred to as the Herfindahl-Hirschman Index, HHI, or occasionally the HHI-score, is a way to gauge how competitive an industry is by comparing the size of enterprises inside it.
- It is an economic term that is frequently used in competition law, antitrust, and technology management. It is named after economists Orris C. Herfindahl and Albert O. Hirschman.
- Antitrust regulators have continued to employ HHI, mostly to assess and comprehend how mergers may impact their linked markets.
- Market shares can be represented as fractions, decimals, or whole numbers.
- HHI is determined by squaring the market shares of all competing businesses in the industry and summing the resulting values (sometimes restricted to the 50 biggest enterprises).
To learn more about the market shares, refer to the following link:
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Answer:
C.30
Explanation:
Add all of the numbers together, then divide by 14 (how many pieces of data there are).
Answer:
The answer is C.
Explanation: Drill-down capability refers to the capability necessary to achieve a goal such as a desired level of output. It enables users to get details, and details of details, of information, and it also involves the aggregation of information and features simple roll-ups to information that are complex and interrelated.
What this means is that, Drill down is a capability that takes the person who needs information from a more general view of the data to a view that is more specific and precise. For example, when there is a report that shows sales revenue by state can allow the user to select a specific state, click on it and see sales revenue by county or city within that particular selected state.
The other party can bring the subject to court or ask for repayment. Please mark Brainliest!!!
I believe the answer is: content
Content valid test is a form of test that being done to ensure that the candidate is suitable for the company's overall goal. The factors that influenced this type of test could be things such as financial motive, skills, political affiliation, the personalities of the candidates, etc.