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frez [133]
3 years ago
7

4. Both the concentration and Herfindahl indices computed by the U.S. Bureau of Census tends to overstate the actual level. In a

ddition, they understate the degree of concentration in local markets (gasoline, for example). Explain why we make these statements.
Business
1 answer:
Elodia [21]3 years ago
5 0

Answer:

The use of data aggregation leads to overstatement of the  concentration and Herfindahl indices

while the use of National/state data leads to understatement of the degree of concentration in local markets.

Explanation:

The ratio of concentration and Herfindahl indices computed are mainly made up of foreign players while  the contributions of small local unorganized players are not considered, which leads to the increase in the value of  indices and ratios been used, ( i.e. The use of data aggregation ) .  hence the overstatement of the actual level.

The understatement of the degree of concentration in local markets happens because of the use of national and state data while computing the concentration in the local markets like gasoline and this is mainly caused by the presence of fewer industries in the market. The state and national data does not reflect the true concentration in the local market hence the degree of concentration is understated at the local level.

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Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 per
DENIUS [597]

Answer:

Because the current money multiplier is <u>2</u>, the Fed would <u>BUY $500,000</u> worth of bonds, <u>INCREASING</u> the monetary base and so increasing the money supply by $1 million.

Explanation:

if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:

increase in money supply = additional funds x money multiplier

  • money multiplier = 1 / reserve ratio = 1 / 50% =  2
  • desired increase in money supply = $1 million

$1,000,000 = additional funds x 2

additional funds = $1,000,000 / 2 = $500,000

6 0
3 years ago
IMC is the process of coordinating all activities performed by entities of the distribution channel to make sure that the right
hram777 [196]

Answer:

IMC

a.True

Explanation:

The coordination of all distributive activities is a just part of the integrated marketing communication that is IMC, as it tries to offer seamless consumer experience.  For instance, if  Company XYZ fails to provide the right product in the right place and at the right time for consumers, then the essence of its IMC is lost.

IMC means Integrated Marketing Communication.  It is a marketing communication approach that integrates many components for marketing communication effectiveness.  The foundation component ensures that IMC approach provides the right products in the right place and at the right time for consumers.  IMC also integrates the corporate culture, with a focus on branding and customer satisfaction.

Since IMC aims to increase sales and profits, sharpen the brand's competitive advantage, and achieve brand loyalty, it means that the goals cannot be achieved when Company XYZ's distribution channel offers empty promises by not putting the right XYZ product in the right place and at the right time for consumers.

5 0
4 years ago
Hominins have canines that are:________a. small, blunt, and nonprojecting, with no diastema. b. part of a honing complex. c. lar
e-lub [12.9K]

Hominins have canines that are: small, blunt, and nonprojecting, with no diastema.

<h3>When did humans lose canines?</h3>

4.5 million years ago

Canine teeth shrank in human ancestors at least 4.5 million years ago

<h3>What are human canine teeth called?</h3>

In humans, the canine teeth are located outside your incisors and are also known as your cuspids.

Although our diets have certainly evolved from that of our hunter-gatherer ancestors, modern humans still use canine teeth to grip and tear food, just like our ancestors did. Without the pointed surface of your canines, you'd have a very difficult time biting into a sandwich or an apple!

To learn more about Canine teeth , refer

brainly.com/question/27260143

#SPJ4

3 0
2 years ago
The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical
Likurg_2 [28]
<span>the industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical review 

ANSWER: 
</span><span>are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round. </span>
5 0
3 years ago
What is x-cel company's net income or net loss if it had revenue of $1,800, salary expense of $500, utility expense of $250, and
nignag [31]

Answer: Net income of $50

Explanation:

  • net income is the sum of a business's cost of goods sold, expenses, interest, taxes, depreciation, and amortization subtracted from total revenue
  • net loss occurs when the sum of total expenses is greater than the total revenue generated by the company or business

Can be calculated by adding expenses and subtracting them from total revenue:

500+250+1000 = Total Expenses ($)

$1750 = Total expenses

$1800 > $1750

  • As a result of the revenue being greater than expenses the company will experience a net income

Subtract total expenses from total revenue:

1800-1750 = Net income

$50 = Net income

5 0
2 years ago
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