1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Darya [45]
3 years ago
14

In the small town of geneva, there are 5 firms that make watches. the firms’ respective output levels are 30 watches per year, 2

0 watches per year, 20 watches per year, 20 watches per year, and 10 watches per year. the four-firm concentration ratio for the town’s watch-making industry is:
Business
1 answer:
VMariaS [17]3 years ago
3 0
The four-firm concentration ratio is a term used to refer to the market share of the four largest firms. In this given example, the total number of output every year is 100 watches per year. Then, 90 of which are coming from the four largest firm. Thus, the four-firm concentration ratio is equal to 90%. 
You might be interested in
who was a sole practitioner, about representing him before a governmental board. Due to a conflict of interest arising from the
gladu [14]

Answer:

yes

Explanation:

Based on this scenario, it can be said that yes the attorney's actions are proper because the referral fee was reasonable. A standard referral fee percentage could be around 10% for a closed job, starting at around 2-5% for e-mail introductions and even up to 15-20% for referrals where the referrer deals alone with the client. As long as the referral fee is reasonable and the attorney is not taking advantage then his/her actions are proper and ethical.

3 0
3 years ago
A firm's value added equals 10) A) its revenue minus its wages. B) its revenue minus all of its costs. C) its revenue minus its
Rufina [12.5K]

Answer:

D) its revenue minus its cost of intermediate goods.

Explanation:

The firm value added shows a difference between the revenue and the cost of intermediate goods

In mathematically,

Firm value added = Revenue - cost of intermediate goods

After deducting the cost of intermediate goods from the revenue we can get the firm value added

Hence, the option D is correct as it denotes the firm value added

8 0
3 years ago
Explain whether each of the following will cause a shift of the AD curve or a movement along the AD curve. a. Firms become more
Aleks04 [339]

Answer:

a. AD curve will shift to the right

b. AD curve will shift to the left

c. Movement along the AD curve.

Explanation:

a. When firms become more optimistic and increase their spending on machineries,this brings about changes in investment and it will cause a shift to the right in the aggregate demand curve.

b. When The federal government increases taxes in an attempt to reduce a budget deficit. This will cause a change in consumption as people will have less money to spend since disposable income has been reduced, and it will cause the aggregate demand curve to shift inwards to the left.

c. A 4 percent in US inflation will bring about a change in price level and there will be a movement along the aggregate demand curve.

7 0
3 years ago
Brandon wants to purchase new furniture for his home but does not want his purchases to put him into debt. Brandon loves being s
aleksley [76]

Answer: Augmenting his income.

Explanation: Extra work means having an official fixed job and, in addition, after working hours, or in your free time (such as weekends), you dedicate yourself to other activities that can also generate income. Unlike what some people think, extra work does not need to be something completely different from what you usually do. Of course you can choose to formalize your hobby and earn money with it, but these tasks can also happen in other conventional work.

7 0
3 years ago
Monroe consumes crab cakes and tuna. Monroe's utility increases with the consumption of crab cakes, but his utility neither incr
SpyIntel [72]

Answer:

A) horizontal lines

Explanation:

An indifference curve is a curve that shows the two combinations of goods that gives a consumer equal satisfaction.

If Monroe's utility doesn't increase with the consumption of crab cakes, his indifference curve would be a horizontal line. This is because crab cakes and tuna are perfect subsistuites. Monroe would be willing to substitute tuna for crab cakes as he doesn't derive any satisfaction from consuming tuna.

I hope my answer helps you

8 0
3 years ago
Other questions:
  • Dexter decides to buy a new smartphone and offset the cost by selling his old phone to one of his friends. His friend has no mon
    6·1 answer
  • Cycle counting A. involves shutting down production once per year to perform the annual inventory count. B. is a process by whic
    5·1 answer
  • On January 1, 2018, Surreal Manufacturing issued 570 bonds, each with a face value of $1,000, a stated interest rate of 3 percen
    15·1 answer
  • Identify the sentences with dangling modifiers. Be sure to check all that apply. Check all that apply. As the CEO, his e-mail me
    9·1 answer
  • At an activity level of 9,000 machine-hours in a month, Kirk Corporation's total variable production engineering cost is $796,50
    6·1 answer
  • The grant of a patent is a limited "monopoly" and can run counter to the antitrust principle encouraging free and open markets.
    5·1 answer
  • Which of the following The holding-period return (HPR) on a share of stock is equal to(s) the level of real interest rates? I) T
    8·1 answer
  • All of the following are considered examples of disreputable conduct for which a CPA can be disbarred or suspended except Direct
    14·1 answer
  • How long do you have to be employed to buy a house.
    5·1 answer
  • Interest payable, income tax payable and salary payable are all examples of _______.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!