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disa [49]
3 years ago
13

Suppose that three firms make up the entire tire manufacturing industry. One has a 40% market share, and the other two have a 30

% market share each. The Herfindahl index of this industry is . Tread Tough, one of the firms with a 30% market share in the tire manufacturing industry, leaves the market. This would cause the Herfindahl index for the industry to .
Business
1 answer:
masha68 [24]3 years ago
5 0

Answer:

3400

increase

Explanation:

the Herfindahl index is used to calculate the concentration of firms in an industry

The HHI is calculated by squaring the market share of each firm in the industry.

40² + 30² + 30² = 3400

If one of the firms leaves the industry, the industry becomes more concentrated and the HHI index would increase

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Walden’s family is shopping for a reclining chair. The chair the family decided on has a retail price of $800 plus 5% sales tax
IceJOKER [234]

Just by looking at the answer you can take out D because C already offers no tax and 5% off, do C is better than D, so we only have to do t math for A, B, and CA is 800 plus tax, with $75 back800×1.05 (because it's 5% tax) -75 =$765B is 800×.90 (because 10% off means he's paying 90%)×.05=$756C is 800×.95 (because 5% off means he's paying 95%) =760A=765B=756C=760So B is the best deal

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6 0
3 years ago
Read 2 more answers
uppose the government wants to limit imports of a certain good. Is it preferable to use an import quota or a​ tariff? Why? A.
Alchen [17]

Answer:

Although consumer and producer surplus changes are the same under quotas and​ tariffs, tariffs are preferable because the government can redistribute the tariff revenue to offset most of the deadweight loss.

Explanation:

8 0
3 years ago
Innovative Products reported net income of $226,000. Beginning and ending inventory balances were $48,000 and $49,000, respectiv
Maslowich

Answer:

The correct answer is $220,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the net operating cash flow by using following formula:

Net operating cash flow = Net income - ( Ending - Beginning Inventory) - ( Beginning - ending in AP)

By putting the value, we get

= $226,000 - ( $49,000 - $48,000 ) - ( $39,000 - $34,500)

= $226,000 - $1,000 - $4,500

= $220,500

4 0
4 years ago
Product costs are computed by:
Alexxandr [17]

Answer: Option (B) is correct.

Explanation:

Product costs are the that are incurred during the production of a product. Various costs are involved in this product cost such as direct labor cost, consumable production supplies, direct material, etc. It is calculated by multiplying the cost driver rate to the number of the units of cost driver that are used in the production of each product.

5 0
3 years ago
In the face of demographic pressures dealing with an aging workforce, many employers try to use _____ among their older workers
leonid [27]
In the face of demographic pressures dealing with an aging workforce, many employers try to use  voluntary attrition am<span>ong their older workers through early retirement incentive programs.

voluntary attrition refers to the action taken by the employee to resign him/herself from the workforce. Older employees tend to have lower performance compared to the younger employeess. Offering early retirement benefit will allo the company to do a regeneration among itss workforce.


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4 0
3 years ago
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