Calculate both a four-firm concentration ratio

Assignment Help Business Economics

Reference no: EM131392162

Suppose that the 5 firms in Industry A have annual sales of 25, 25, 20, 20, and 10 percent of total industry sales. For the five firms in Industry B the figures are 50, 15, 15, 10, and 10 percent. Calculate both a 4-firm concentration ratio and the Herfindahl index for each industry. What do you conclude about the competetiveness of each Industry? Explain

Reference no: EM131392162

Questions Cloud

What does the change in consumer surplus represent : Under the binding price ceiling (one that actually effects the market), what does the change in consumer surplus represent?

Affect an international business transaction : What implications does Gordon see for likely changes in retirement and demographics in terms of living standards and productivity? Provide an example of how the doctrine of seperation of powers can affect an international business transaction.

The state of illinois levies the tax : Under which situation is a resident of Chicago more likely to bear the economic incidence of a unit tax on tobacco: (#1) the city of Chicago levies the tax, (#2) the state of Illinois levies the tax? Defend your answer using the appropriate diagrams ..

What he regards as the basic bargain : Summarize Robert Reich's assessment of the problems and challenges confronting the United States' economy, what he regards as the "basic bargain" and evaluate whether or not you believe he is correct. Explain what economic issue you consider to be th..

Calculate both a four-firm concentration ratio : Suppose that the 5 firms in Industry A have annual sales of 25, 25, 20, 20, and 10 percent of total industry sales. For the five firms in Industry B the figures are 50, 15, 15, 10, and 10 percent. Calculate both a 4-firm concentration ratio and the H..

What do gordon and goldin mean by the great compression : What do Gordon and Goldin mean by the” great compression”? When did it occur? Has it continued? Can you give a reason for both events? What are the implications that Gordon highlights in terms of productivity?

Calculate the gains from trade : Consider two neighboring island countries called Contente and Felicidad. They each have 4 million labor hours available per week that they can use to produce jeans, rye, or a combination of both. Calculate the gains from trade—that is, the amount by ..

How much is she valuing her own life : John, an experienced and slick bank robber recruited Evelyn to rob a bank. Plans were set for them to acquire exactly $10 million from the bank vault. The odds of them dying in this heist is 1 in 10. Assuming that Evelyn was promised a share of 1/4 o..

What is outsourcing and subcontracting : Give an example of a small or medium enterprise, a summary and what they can do to be more sucessfully. Provide one economic argument in support of zonning and one economic argument in against of zoning. What is degree centrality? How does the govern..

User Account

All Pages