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3 years ago

Firm Market Share (%)

Business

1 answer:

vichka [17]3 years ago

4 0

Answer:

Both rise

Explanation:

The Herfindahl index is calculated by squaring the market share of firms and then adding it.

The four firm concentration ratio = 0.2^2 × 4 = 0.16

If A and F merges, their market share becomes 20%+10%=30%

The four firm Herfindahl index = 0.3^2 +( 0.2^2 × 3) = 0.12 + 0.09 = 0.21

The concentration ratio before the merger = 20% x 4 = 80%

After the merger it becomes (30 + 20 + 20 + 20) = 90%

From the calculations, they both increase

I hope my answer helps you

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A flexible budget performance report compares the differences between: budgeted performance over several periods. actual perform

salantis [7]

Answer:

It compare the difference among the actual performance and budgeted performance grounds on the volume of actual sales.

Explanation:

Flexible budget performance report is the report which is used for comparing or analyzing the actual results or outcomes for the period with the budgeted outcomes and it is generated through the flexible budget.

In short, it is that report which is the management report and compares the actual revenues as well as costs for the year with the budgeted revenues as well as costs grounded on the volume of actual sales.

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4 years ago

The Sheridan Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rent

padilas [110]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the unitary variable cost and the fixed costs:</u>

Unitary variable cost= 6 + 12= $18

Total fixed costs= 4,000 + 1,500 + 1,300 + 832

Total fixed costs= $7,632

<u>Now, to calculate the break-even point both in units and dollars, we need to use the following formulas:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 7,632 / (36 - 18)

Break-even point in units= 424 per month

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Break-even point (dollars)= $15,264

8 0

3 years ago

Consider a two-firm oligopoly facing a market inverse demand curve of P = 100 – 2(q1 + q2), where q1 is the output of Firm 1 and

pickupchik [31]

Answer:

option (2) q1 = 16; q2 = 12

Explanation:

Given:

P = 100 - 2(q1 + q2)

here,

q1 is the output of Firm 1 and q2 is the output of Firm 2

Firm 1's marginal cost = $12

Firm 2's marginal cost = $20

Now,

Profit maximising level of output is attained where the marginal revenue equals the marginal cost

Thus,

for firm 1,

Total revenue, TR = P×Q

TR = (100 - 2q1 - 2q2) × q1

TR = 100q1 - 2(q1)² - 2(q1)(q2)

also,

MR = $\frac{\delta TR}{\delta Q}$

thus,

MR = 100 - 4q1 - 2q2

MC = $12

now

MR = MC

100 - 4q1 - 2q2 = 12

88 = 4q1 + 2q2

q2 = 44 - 2q1 ............... (1)

also,

for firm 2, we have

TR = (100 - 2q1 - 2q2) × q2

TR = 100q2 - 2(q1)(q2) - 2(q2)²

and,

$MR = \frac{\delta TR}{\delta Q}$

MR = 100 - 2q1 - 4q2

and

MC = $20

Now,

MR = MC

100 - 2q1 - 4q2 = 20

80 - 4q2 = 2q1

40 - 2q2 = q1 .....................(2)

Now,

substituting the value of q2 from (1), we get

q1 = 40 - 2(44 - 2q1)

q1 = 40 - 88 + 4q1

3q1 = 48

q1 = 16 units

substituting the value of q1 in equation (1) , we get

q2 = 44 - 2 × 16

q2 = 12 units

Therefore,

The correct answer is option (2) q1 = 16; q2 = 12

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3 years ago

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Anna007 [38]

Answer:

c. profit center

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You read a newspaper article in the business section of a newspaper. The author is a licensed financial advisor with a degree in

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C.-

reliable but irrelevant

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3 years ago

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