Answer:
94% and 2934
Explanation:
The computation of the four-firm concentration ratio for this industry is
= (Total four firms market shares in an industry ) ÷ (Total firm market shares in an industry)
= (45% + 22% + 17% + 10%) ÷ (45% + 22% + 17% + 10% + 6%)
= 94% ÷ 100%
= 94%
Now the Herfindahl Index is the sum of square of all firm market share
= 45^2 + 22^2 + 17^2 + 10^2 + 6^2
= 2934
The presence of Coca-Cola drinks in restaurants worldwide is an example of option(c)i.e, diffusion.
<h3>What is
diffusion?</h3>
Diffusion is the process through which innovations spread from their initial implementation to various consumers, countries, regions, industries, markets, and businesses through the market or non-market channels. An innovation has no economic impact if it is not diffused.
The cognitive processes involved in straightforward two-choice decisions are modeled by the diffusion model. It distinguishes the standard of the evidence used in the decision-making process from the decision-making criteria and from other, nondecision-making processes like stimulus processing and reaction execution.
The four elements of diffusion, are:
(1) Innovation,
(2) Channels of Communication,
(3) Social System,
(4) Time.
To know more about diffusion refer to: brainly.com/question/13399887
#SPJ4
Answer:
Explanation:
Mack, Marianne, and Martin
Explanation:
From the question, we are informed about, Mack who writes a check to his maid, Marianne, in payment for services rendered. Marianne indorses the check in blank and gives the check to her masseuse, Janet, in exchange for a neck massage. Without indorsing the check, Janet gives the check to Martin, her newspaper carrier in payment for the next four month's delivery charges. Martin indorses with a special indorsement and negotiates the check to his church, St. Mark. The church indorses the check and deposits it in its bank account. If Mack's bank later dishonors the check. In this case St. Mark's may look for recovery from Mack, Marianne, and Martin. This is because the check was endorsed by three of them and as a result of this anything that happened to the check may be it's not been accepted or other things, they will be held responsible for it since they signed at the back of the check.
Answer:
<em>B. The contract was oral.
</em>
Explanation:
The young graduate will most likely not succeed in attempting to enforce the promise made by his grandpa since the promise has not been in writing, as mandated by the Frauds Statute.
In particular, agreements do not have to be binding in writing; though, by the Frauds Statute, other agreements would not be binding unless they have been demonstrated by a document signed by the party to be indicted.
Another such arrangement is to pay another's debt, like the grandpa's promise to pay the uncle's debt here if he fails to pay.
<em>Hence, the Option B is right.</em>
Answer:
$10.92
Explanation:
Finance charge computation:
($350 x 0.052%) x 60 days = $10.92
Hence he will pay a total of $360.92 being principal($350) and interest($10.92)
