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Gemiola [76]
4 years ago
12

Suppose there are only three firms in a market. The largest firm has sales of $500 million, the second-largest has sales of $300

million, and the smallest has sales of $200 million. The market share of the largest firm is
Business
1 answer:
belka [17]4 years ago
7 0

Answer:

50% share.

Explanation:

Given:

There are only three firms in a market.

The largest firm has sales of $500 million.

The second-largest has sales of $300 million.

The smallest has sales of $200 million.

Question asked:

The market share of the largest firm is ?

Solution:

As we know:

Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100

Total sales of the largest company = $500 million.

Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm

Total sales of the market = $500 million + $300 million + $200 million

                                          = $1000 million

Market\ share=\frac{Total\ sales\ of\ the\ firm}{Total\ sales\ of\ the \ market} \times100

                       =\frac{500}{1000} \times100\\ \\ =\frac{50000}{1000} \\ \\ =50\%

Therefore, the market share of the largest firm is 50%.

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Nancy has a portfolio of two stocks. Stock A has an expected return of 8% and stock B has an expected return of 10%. Her funds a
dedylja [7]

Answer:

b. 8.92%

Explanation:

Calculation for the portfolio expected return

Using this formula

Portfolio expected return = (Stock A allocated fund x Stock A expected return) + (Stock B allocated fund x Stock B expected return)

Let plug in the formula

Portfolio expected return= (54%*8%) + (46%*10%)

Portfolio expected return=0.0432+0.046

Portfolio expected return=0.0892*100

Portfolio expected return =8.92%

Therefore the portfolio expected return will be 8.92%

7 0
3 years ago
Suppose a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers i
wolverine [178]

Answer:

4/11 and 6/15 dressers.

Explanation:

Absolute advantage is the ability of a country to produce more of a product given the same resources than another country per unit time. It also applies when a country is able to produce same amount of goods with another country given less inputs.

So a country that produces more goods uses a more efficient process to get more output.

In this scenario a worker in Peru can produce 11 lamps or 4 dressers in a day and a worker in Canada can produce 15 lamps or 6 dressers in a day. Canada has absolute advantage in producing lamps and dressers, so importing these items will not be beneficial.

To get a balance where both countries will benefit a lamp will have to go for a ratio of each countrie's product to the opportunity cost.

That is for Peru to produce 4 dressers it will have opportunity cost of 11 lamps. So the ratio is 4/11.

Also for Canada to produce 6 dressers it will have opportunity cost of 15 lamps. So the ratio is 6/15.

Lamp should trade for between 4/11 to 6/15 dressers for both countries to benefit.

4 0
3 years ago
How can you make money as a kid
antoniya [11.8K]
You can do this by going in a competition or by collecting fund or by selling some of your old items to some one who you know
8 0
3 years ago
Read 2 more answers
A company currently has no items in inventory. The demand for the next four months is 200, 400, 250, and 350 units. Assuming a l
pav-90 [236]

Answer:

Ending invetory= 200 units

Explanation:

Giving the following information:

A company currently has no items in inventory. The demand for the next four months is 200, 400, 250, and 350 units. Assuming a level production rate of 350 units per month.

<u>Production - Sales= Ending inventory</u>

350-200= 150

(150 + 350) - 400= 100

(100 + 350) - 250= 200

(200 + 350) - 350= 200 units

Ending invetory= 200 units

7 0
3 years ago
Helga runs a website on which she sells houseplants. She also earns through pay-per-click advertising that allows search engines
Romashka [77]

Answer:

Gardening gloves

Terracotta planters

Garden scissors

Watering cans

Explanation:

In the context, Helga owns and runs a online business. She has a website where she sells online houseplants. There are various houseplants available on her site from where people can buy it and get it delivered to their house.

She also makes earnings by the advertisement of various gardening products whose add runs on her sire and she earns through a pay per click basis. Some of the products that are likely to be advertised in her website are gardening gloves, garden scissors, terracotta planters, watering cans, manures and fertilizers,etc.

6 0
4 years ago
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