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Ymorist [56]
4 years ago
12

There are ten firms in an industry. Five of the firms each have a market share of 12 percent and five of the firms each have a m

arket share of 8 percent. The Herfindahl index is Group of answer choices 1,000. 1,040. 100. 920. none of the above
Business
1 answer:
blondinia [14]4 years ago
3 0

Answer:

1,040

Explanation:

The Herfindahl index is an index that is used to measure the size of firms in relation to the industry and it also shows the level of competition among the firms in the industry. The Herfindahl index is also known as Herfindahl–Hirschman Index (HHI).

The Herfindahl index is calculated by summing the square of the market share of all firms in the industry. For this question, it can be calculated as follows:

Herfindahl index = (12^2 * 5) + (8^2 * 5) = 720 + 320  = 1,040.

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Explanation:

progiram if the computer

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After a new company has developed a customer base, management needs to build more structure into the organization. In Greiner’s
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Answer:

The correct word for the blank space is: Phase 2 - Direction.

Explanation:

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3 years ago
A vendor sells hot dogs at $17.00 /piece. For every hot dog he spends $11.23 in the raw material. Additionally he spends $0.90 f
Gemiola [76]

Answer: $4.87

Explanation:

The question is asking for the Contribution margin which is the amount left of the selling price after the variable costs have been deducted.

Contribution margin = Selling price - variable costs

= Selling price - Raw materials - packing costs

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= $4.87

8 0
3 years ago
An organization that has a selection process that focuses on hiring team players and employs a competitive merit pay performance
KATRIN_1 [288]

Answer:

The answer would be FALSE

Explanation:

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Performance appraisals are a part of career development and consist of regular reviews of employee performance within organizations. Annual performance reviews have been criticized as providing feedback too infrequently to be useful, and some critics argue performance reviews in general do more harm than good.

Organizations with HR strategies that emphasize developing long term relationships with highly skilled employees have been shown to be more effective.

3 0
3 years ago
Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0
4 years ago
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