1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sleet_krkn [62]
3 years ago
9

Suppose that a small town has seven burger shops whose respective shares of the local hamburger market are (as percentages of al

l hamburgers sold): 23 percent, 22 percent, 18 percent, 12 percent, 11 percent, 8 percent, and 6 percent. Instructions: Enter your answers as a whole number. a. What is the four-firm concentration ratio of the hamburger industry in this town? percent b. What is the Herfindahl index for the hamburger industry in this town? c. If the top three sellers combine to form a single firm, what would happen to the four-firm concentration ratio and to the Herfindahl index? Four-firm concentration ratio = percent Herfindahl index =
Business
1 answer:
IgorC [24]3 years ago
8 0

Answer:

a= 75%

b= 1702

c= 94% , 4334

You might be interested in
A cafeteria buys muffins daily. Demand varies Uniformly between 30 and 50 muffins per day. The cafeteria pays $.20 per muffin an
kakasveta [241]

Answer:

The optimal stocking level is 45 muffins.

Explanation:

First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2

Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60

Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75

Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)

optimal stocking level = 30 + 0.75*(50-30) = 45

The optimal stocking level is 45 muffins.

Optimal stocking level = 68.75 Muffins

5 0
3 years ago
A children's clothing company donates 1% of its earnings a year toward school programs and clothing donations children in poor c
WITCHER [35]

Answer:

b. the company uses its donations as a public relations move rather than corporate strategy

Explanation:

The company above is focused on "children's clothing." This means that, if its approach is not tied to its business objectives, then it is using its donations as <em>a public relations move.</em> This is also known as "Philanthropy." Such kind of strategy allows the company to become more visible through a cause-related marketing style.

The motive in such kind of strategy is doubtful. This is because the programs being targeted are not well-tied to a particular business strategy of the company. It is aimed at enhancing the company's morale. This will allow the company to have a favorable image which may result to a good impact on sales.

So, this explains the answer.

7 0
3 years ago
PLEASE HURRY!!! I WILL GIVE BRAINLIEST!!!
kvv77 [185]

Answer:

A,C,D,E

Explanation:

8 0
3 years ago
a major coffee retailer is looking to implement an enterprise platform. in particular, the company is looking to improve its sup
Stels [109]

The component of an enterprise platform that focuses on the aspect of the company’s needs that's illustrated is core processing.

Core processing simply means the important processes that are vital in a company. It's a process with a set of related and interdependent activities that are vital in transforming input to an output in an organization.

Core processing also include the technology that used in managing daily business activities such as supply chains, internal operations, back-office activities, etc.

In conclusion, the correct option is core processing.

Read related link on:

brainly.com/question/25392493

3 0
3 years ago
If at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, average fixed cost per unit of
inessss [21]

Answer:

Correct answer is B, $2,500

Explanation:

To get profit, First, deduct variable cost from sales for the period to get the contribution margin. Finally, Deduct fixed cost from contibution margin to get the profit for the period.

Computation would be:

Sales                        (1,000 x 7)      $7,000

Less: Variable cost (1,000 x 3)      <u>$3,000</u>

Contribution margin                      $4,000

Less: Fixed cost   (1,000 x 1.5)      <u>$1,500</u>

Profit                                              $2,500

*<em>It can also be done by deducting variable cost from the selling price to get the unit contribution margin then deduct the fixed cost from the unit contribution margin and from it multiply the output sold to get the profit.</em>

3 0
3 years ago
Other questions:
  • Leisha grew 4.5 inches and gained 3 pounds last year. about how many years old is leisha likely to be?
    12·1 answer
  • If the MPC is .8 and there is a $10 million increase in investment spending, then the aggregate demand curve will shift up and t
    8·1 answer
  • Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
    7·1 answer
  • A supply curve shows quantities supplied at various prices. It also shows the
    13·1 answer
  • Which of the following statements about public relations is true?
    14·1 answer
  • A wood piece 100 centimetre is cut into pieces so that the longer piece is 10 centimetres longer than twice the length of the sh
    5·1 answer
  • Which of the following statements refers to rent seeking? "There is an opportunity cost whenever the federal government spends t
    10·2 answers
  • A holistic, evolutionary, field-based and comparative perspective________________.a. is the hallmark of all social sciences, not
    13·1 answer
  • You manage the worksheet shown below and it contains information for the company's 1500 employees,
    5·2 answers
  • environmental performance indicators that are the critical success factors in a sustainability perspective include
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!