Answer:
Option D: Summing the squares of the market shares of each firm in the industry.
Explanation:
The Herfindahl-Hirschman index (HHI) is a use worldwide as measure of market concentration. It's calculation is based on squaring the market share of each firm competing in a market, and thereafter the resulting numbers are summed up. It commonly range known is simply from zero to 10,000. It is used by U.S. Department of Justice uses for potential mergers issues evaluation. It is a measure of industry concentration by the sum of the squares of the market shares held by each of the firms in the industry.
The Herfindahl index shows a decrease in competition and an increase of market power, when there is an increase and decreases is the opposite.
Answer:
i would say between 1 and 2! you choose
Explanation: when companies have competitors they want to attract as much as they can they do this by lowering prices or having a large selection in stock! For example Gas Stations you would always see two right across from each other they are most likely competing for customers so one can lower prices for gas to attract buyers or just have a new stock of goods!
A good way to narrow down possible career choices might be researching the possible ones to see which one suits you more.
Answer:C
Explanation: The option is illogical as anybody can be a marketing entrepreneur and not just a college graduate.
Tt’s $25.23 because if you compare the price to money in USA, it will come up to that amount.
<h3>What is money?</h3>
Money is a good that is frequently used as a medium of economic exchange. It acts as the primary determinant of wealth and the means of expressing prices and values. By anonymously traveling from one person to another and from one nation to another, it allows trade as a kind of exchange.
Money is something that is frequently utilized in a specific nation or socioeconomic setting to buy goods and services and pay off debts. As a unit of account, a medium of exchange, and periodically as a baseline for postponed payments, money serves four main purposes.
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