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Novay_Z [31]
3 years ago
5

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): 27%, 26%, 22%, 12%, 7%, 4%, and 2%. What is the four-firm concentration ratio of the hamburger industry in this town?
Business
1 answer:
denpristay [2]3 years ago
4 0

Answer:

87%

Explanation:

The four firm concentration ratio calculates the concentration ratio of the 4 largest firms in an industry. This is done by adding the market share of the 4 largest firms

0.27 + 0.26 + 0.22 + 0.12 = 0.87

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_____ involves interpreting the meaning of the received messages
mr Goodwill [35]

Answer:

Decoding

Explanation:

Decoding involves interpreting the meaning of the received messages.

It is a process through which a non verbal, numeric or an integrated messaged is interpreted.

This process is only complete when the intended message has been correctly decoded and the message has been understood the way it was supposed to be.

For example intelligence companies send each other high intelligence coded messages which are then decoded with the help of professionals to understand the required message.

7 0
4 years ago
When Joe's Chicken Shack wants chicken delivered in smaller batches more frequently, it offers its distributors an incentive in
leva [86]

Answer:

Reward

Explanation:

Reward power is the form or type of power, which is described as the use of the rewards so that he employee to follow the instruction given by the supervisor or manager and with the power coming from one ability to withhold the reward for the non- compliance.

This power could be performed through providing the promotion, raises, extra time off from work and bonuses. And its example, the supervisor provide employee bonus if meet the goal set for the project.

So, in this case, Joe wants that the chicken to be delivered in small batches and for that he offered special bonus. Therefore, it states the reward power.

4 0
4 years ago
Name the act that ensures that the marketing of goods or services may not be missing
Zinaida [17]

Answer:

productivity

Explanation:

because the more u produce you will not have scarcity of good or services

7 0
3 years ago
. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by
Anvisha [2.4K]

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

7 0
3 years ago
Coronado Industries uses job order costing for its brand new line of sewing machines. The cost incurred for production during 20
quester [9]

Answer:

Cost per machine $1,680

Explanation:

The computation of the cost of the machine is given below:

Beginning work in process $12,000

Direct material $18,000

Direct labor $13,000

Overhead $8000

Less: Ending work in process -$9,000

Cost of goods manufactured $42,000

Divided by Unit 25

Cost per machine $1,680

hence,the same should be relevant

3 0
3 years ago
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