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nata0808 [166]
2 years ago
9

Knowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would re

quire you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.
In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.
Business
1 answer:
Ray Of Light [21]2 years ago
7 0

Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.

Explanation:

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1. The Herfindahl index: Suppose that three firms make up the entire bicycle manufacturing industry. One has a 40% market share,
alukav5142 [94]

Answer:

3400, Rise, C

Explanation:

1. Since there are just 3 firms and two already has a sum total of 70% (40+30), the third firm will have a market share of 30%

HHI= 40^{2}+ 30^{2}+30^{2}\\

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2. Abe's Bikes with 30% leaves the market, if the two firms were to share Abe's market share equally (15+15), it will leave Firm A with 55% (40+15) and Firm B with (30+15) 45%

Therefore,

HHI= 55^{2}+45^{2}

HHI=3025+2025

HHI= 5050

A rise in HHI

3. C

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<u>True</u>

This feature of EITC will decrease the labor supply of low-income workers. <u>b. False</u>

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