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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

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Inflation in the developing country of terbia has been rising over the last few years and is currently at a very high level. two
gtnhenbr [62]

Answer:

C) The central bank has been increasing the target interest rate at regular intervals and it is now at its highest level in eight years.

Explanation:

Since the central bank has been increasing the interest rates in Terbia, this means that it has been engaging in a contractionary monetary policy. In other words, the central bank has been decreasing the money supply in Terbia. If the money supply has been decreasing constantly during the last 8 years, then the high inflation rate cannot be caused by an increase in the money supply.

5 0
3 years ago
Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met
Studentka2010 [4]

Because common shareholders are entitled to the profits that remain after all of a corporation's other obligations have been met, common shareholders are known as Residual owners.

<h3>What does Shareholders means?</h3>

A shareholder (in the US frequently alluded to as investor) of a company is an individual or legitimate substance.

A body politic, a trust or organization) that is enlisted by the partnership as the lawful proprietor of portions of the offer capital of a public or confidential partnership. The impact of a shareholder on the not entirely set in stone by the shareholding rate claimed. Shareholders of a company are legitimately isolated from the actual enterprise.

They are for the most part not at risk for the organization's obligations, and the shareholders' responsibility for organization obligations is supposed to be restricted to the neglected offer cost except if a shareholder has offered ensures. The company isn't expected to record the helpful responsibility for shareholding, just the proprietor as recorded on the register.

Therefore Shareholders might have procured their portions in the essential market by buying into the Initial public offerings.

Learn more about Shareholder here:

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8 0
2 years ago
When poor performance is attributed to a lack of knowledge, team members are most likely to respond by
k0ka [10]

It should be noted that when poor performance is attributed to a lack of knowledge, it's important to undergo training.

<h3>What is training?</h3>

Training simply means the act of teaching an individual a particular skill. This is necessary in organizations to achieve the goals.

When poor performance is attributed to a lack of knowledge, team members are most likely to respond by undergoing training. This will give them the required knowledge.

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brainly.com/question/26270137

5 0
2 years ago
The usual stated political goal of rent control isGroup of answer choicesto conduct social engineering via economic rules.prices
Vaselesa [24]

Answer:

to assist the low income at a cost to society, in convenient, affordable housing.

Explanation:

Rent control can be defined as a process which typically involves keeping the cost of rent within a certain amount that is affordable for the citizens. Therefore, it ensures the amount of money spent as rent doesn't go above the chosen amount or grow at an increased rate.

Price control can be defined as standard restrictions or regulatory conditions that are typically set and enforced by the government of a country.

This ultimately implies that, price controls are used to impose the minimum and maximum prices set by the government, which are to be charged for various goods and services in the market. This minimum price that can be charged such as minimum wage is known as price floor while the maximum price that can be charged such as rent control is known as price ceiling.

Basically, rent control is considered to be a price ceiling.

Hence, the usual stated political goal of rent control is to assist the low income at a cost to society, in convenient, affordable housing.

4 0
3 years ago
The gains from trade are Group of answer choices a. evident in economic models, but seldom observed in the real world. b. eviden
liubo4ka [24]

Answer:

The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.

Explanation:

Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more <em>efficiently </em>since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.

7 0
3 years ago
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