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
Lera25 [3.4K]
3 years ago
13

Five firms exist in the Liagiba industry. Their respective market shares are 35, 25, 15, 15, and 10 percent. Five firms exist in

the Haras industry. Their respective market shares are 35, 30, 25, 8, and 2 percent.
Required:
What is the Herfindahl index for the both industries?
Business
1 answer:
Lady bird [3.3K]3 years ago
5 0

Answer:

Liagiba industry = 2400

Haras industry = 2818

Explanation:

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

Liagiba industry = 35² + 25² + 15² + 15² + 10² = 1225 + 625 +225 + 225 + 100 = 2400

Haras industry = 35² + 30² +25² + 8² + 2² = 1225 + 900 + 625 + 64 + 4 = 2818

You might be interested in
​wheels, inc. manufactures wheels for​ bicycles, tricycles, and scooters. for each cost given​ below, determine if the cost is a
marin [14]
Do not make sense i dk and no logic
4 0
3 years ago
Residents of the town of Smithfield like to consume hams, but each ham requires 10 people to produce it and takes a month. If th
Hunter-Best [27]

Answer:

10 hams

Explanation:

It is given that 10 people can produce 1 ham in a month. It is assumed that whatever is produced is consumed. So, 100 people will produce 10 hams that is 100 ÷ 10 = 10 in a month. So, 100 people can consume 10 hams, that are produced in a month.

So, residents can consume maximum 10 hams (same amount as produced) in a month.

4 0
3 years ago
Whats a good way to make more money from $9.00,
Ymorist [56]
Your answer: work more hours
7 0
3 years ago
Which factor caused a higher oil prices to directly lead to inflation?
defon
The government began to print more money. The increase in the ‘money supply’ which happens faster than the economic growth leads to inflation. When the government prints more money then it brings down the value of the money in the market.
7 0
3 years ago
Q has an ordinary straight whole life insurance policy for $100,000. Due to a change in circumstances, Q finds that there is now
uranmaximum [27]

Answer:

Add a term rider

Explanation:

To satisfy the need for additional coverage at a low price the Q can add a term life insurance rider.

The addition of a term rider will allow Q for the additional coverage to be put into place at an affordable price, without having to acquire another policy.

As term rider is a fixed benefit policy thus, ordinary straight whole life will not allow an increase in face amount.

6 0
3 years ago
Other questions:
  • If the supply function for a commodity is p = q2 + 6q + 16 and the demand function is p = −7q2 + 2q + 436, find the equilibrium
    11·1 answer
  • If you are interested in general management, the best career cluster for you might be: A: Education and Training. B: Architectur
    10·2 answers
  • Which one of the following is a primary market transaction? Group of answer choices Sale of currently outstanding stock by a dea
    13·2 answers
  • When no-par stock is issued, the entire proceeds are credited to Capital Stock and this amount is viewed as legal capital not su
    6·1 answer
  • Revenue is:
    5·2 answers
  • Sterling, Inc. is a manufacturer of state-of-the-art computers. For the past ten years, Sterling has acquired all of its microch
    15·1 answer
  • A corporation was incorporated on January 1, Year 6, with $500,000 from the issuance of stock and borrowed funds of $75,000. Dur
    12·1 answer
  • the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle​
    7·1 answer
  • A registered representative has left one firm to join another. Sometime later, the former employer discovers that some informati
    11·1 answer
  • A building's owner pays a property manager in 81/2% commission based on the units annualized rent for each new tenant last year
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!