Answer:
There will be an increase in the price level.
Explanation:
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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:
brainly.com/question/15530466
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You are more likely to sell larger quantities of products to a B2B client
Answer:
First question answer:
differences in values
Both Hilary and Edison are economists who have a scientific (from the social sciences) understanding of economic phenomena. However, Edison values economic efficiency more, while Hilary values equality more.
The reason for this is that what is economically efficient does not necessarily benefit everyone, and the less fortunate, according to Hilary, need a helping had, in this case, the government.
Second question answer:
Employers should not be restricted from outsourcing work to foreign nations.
The thing economists agree the most is that free trade benefits all parties, therefore, the vast majority of economists believe that restrictions on the free trade of goods and services is harmful to the economy. This includes restrictions on the free movement of labor.
Explanation:
Answer:
A) retained earnings represents a claim on cash.
Explanation:
Retained earnings are the accumulated profits that a company keeps that are left after dividends are paid. Retained earnings are the equivalent of a savings account for an individual. Retained earnings are shown in the balance sheet as part of owners' equity.
For example, corporation A had a net profit of $10 million during last year, and it paid dividends for a total of $4 million, its retained earnings for last year are $6 million.
Companies use retained earnings as money available for financing new or existing projects.