Answer:
374
Explanation:
Data provided in the question:
Market shares of top six firms
10%, 8%, 8%, 5%, 5%, and 4%
Market shares of 20 firms = 2%
Now,
Herfindahl index = ∑[(Market share percentage of each of firms)² ]
or
Herfindahl index
= ∑[(Market share of each of top six firms)² ] + [20 × (market share of each remaining firm)²]
Herfindahl index = (10)² + (8)² + (8)² + (5)² + (5)² + (4)² + [20 × (2)²]
or
Herfindahl index = 100 + 64 + 64 + 25 + 25 + 16 + 80
or
Herfindahl index = 374
The herfindahl index for this industry is 374.
Answer
Hi,
A country made education free and mandatory up to age 15. It established 100 new schools to educate kids across the country. As a result, citizens acquired the __skills____ required to work. The schools generated__jobs___ for teachers and other staff. In 20 years, the country saw a rapid __increase____ in its GDP.
Explanation
When the country makes education free and mandatory, many parentsare encouraged to take their kids to school to learn and acquire skills needed for them to participate in building the nation. Establishing new 100 schools is investing in human capital which will create employment opportunities for teachers and other staff in the education and training sector. When employment opportunities are created, people will earn money and pay taxes to the government. This will in turn cause growth of the GDP of the country.
Good luck!
Answer:
$7,400 per year
Explanation:
Data provided for computing the annual depreciation expense is here below:-
Automated bottling machine = $74,000
Useful life = 10 years
The calculation of annual depreciation expense is given below:-
Annual depreciation expense = Automated bottling machine ÷ Useful life
= $74,000 ÷ 10
= $7,400 per year
Therefore for computing the annual depreciation expense we simply divide the automated bottling machine by useful life.
A convertible bond would let the investor exchange it for common stock
What is a convertible bond?
A convertible bond allows the investors (lender) to exchange the bond for something else within a given time under any conditions specified in the bond indenture.
How does a convertible bond work?
A convertible bond pays fixed-income interest payments, but can be converted into a predetermined number of common stock shares. The conversion from the bond to stock happens at specific times during the bond's life and is usually at the discretion of the bondholder.
Common stock :
Common stock is a security that represents ownership in a corporation. In a liquidation, common stockholders receive whatever assets remain after creditors, bondholders, and preferred stockholders are paid. There are different varieties of stocks traded in the market.
Learn more about common stock :
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Depends how old you are, if you are old enough you can apply for a job.
If not you can try doing chores for your parents.