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kiruha [24]
2 years ago
10

Suppose a ten firm industry has total sales of​ $35 million per year. The largest firm have sales of​ $10 million, the third lar

gest firm has sales of​ $4 million, and the fourth largest firm has sales of​ $2 million. If fifth through tenth largest firms combined have annual sales of​ $12 million, the fourfirm concentration ratio for this industry is
Business
1 answer:
lyudmila [28]2 years ago
3 0

Answer:

0.66

Explanation:

the fourfirm concentration ratio is the sum of the concentration ratio of the four largest firms in the industry.

The sales of the second largest firm = $35 million - ( $10 million + $4 million+ $2 million + $12 million ) = $7 million

concentration ratio of firm 1 = $10 million / $35 million = 0.29

concentration ratio of firm 2  = $7 million / $35 million = 0.2

concentration ratio of firm 3 = $4 million / $35 million = 0.11

concentration ratio of firm 4 = $2 million / $35 million = 0.06

Adding the ratios together = 0.66

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3 years ago
Which is not a secondary consideration when locating a retail store
Maslowich

The answer is "access to good schools".

A retail store is a position of business normally claimed and worked by a retailer yet now and again possessed and worked by a producer or by somebody other than a retailer in which stock is sold fundamentally to ultimate customers. Good schools are something which cannot have secondary consideration.

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3 years ago
Television Haven buys televisions from a manufacturer and then sells them to department stores. Television Haven is most likely
MaRussiya [10]

Answer: Wholesaler

Explanation:

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5 0
2 years ago
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
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Answer:

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2. The salary of the head of the Radiology Department - None

3. The salary of the head of the Pediatrics Department - None

4. Cost of the new laser printer - DC

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7. Benefits from a new DNA analyzer - OC

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Where,

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DC - Differential cost

OC - Opportunity cost

8 0
3 years ago
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lidiya [134]

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The departmentalization by location is a strategy that organizations use to maintain departments in different locations where they operate, in order to deal more closely with the company's activities and needs.

This is a positive strategy that can speed up decision making, as each geographic area has different needs that must be addressed differently from the other.

So the statement is true and some of the advantages of departmentalization by location is improved communication, better allocation of employees and greater product promotion.

Learn more about departmentalization here:

brainly.com/question/6229273

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