D I believe because the others do not seem very voluntary
Answer:
2400
Explanation:
The HHI is calculated by squaring the market share of each firm in the industry.
30² + 25² + 25² + 15² + 5² = 2400
Answer:
D
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
If good X is a normal good and the consumers income increases, the demand for good X would increase
It would have been that the Law of demand not supply that didn''t hold
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Answer:
Description
Explanation:
The cluster analysis refer to an activity in which there is a group of objectives set that shows the objects in the similar group that we called as a cluster
Here in the given situation, it is mentioned that the use of descriptor variables is used for cluster analysis in order to make a difference in sub samples
So here the description step is used in cluster analysis
Therefore the third option is correct