User Account

All Pages

Calculate the premerger herfindahl-hirschman index

Assignment Help Business Economics
Reference no: EM133125645

You are the manager in a market composed of 12 firms, each of which has a 8.33 percent market share. In addition, each firm has a strong financial position and is located within a 100-mile radius of its competitors.

Instructions: Enter your responses rounded to the nearest penny (two decimal places).

a. Calculate the premerger Herfindahl-Hirschman index (HHI) for this market.

b. Suppose that any two of these firms merge. What is the postmerger HHI?

c. Based only on the information contained in this question and on the U.S. Department of Justice Horizontal Merger Guidelines described in this chapter, do you think the Justice Department would attempt to block a merger between any two of the firms?

Multiple choice

  • It may but will also consider other factors
  • It likely will not
  • It likely will

Reference no: EM133125645

Questions Cloud

What is the breakeven point in number of repairs per month : Fixed costs are $24,000 per month and variable costs are $500 per repair. The shop does 400 repairs per month. What is the breakeven point in number of repairs
Private portfolio investments in developing countries : To what extent do private portfolio investments in developing countries benefit the recipient countries? What are the potential costs and risks to both investor
Higher payoff in the sequential game : Firm 2 gains a higher payoff in the sequential game where it moves first compared to the sequential game where it moves second.
Compute the amount to be reported as income : Compute the amount to be reported as income assigned to non-controlling shareholders in the 20X8 consolidated income statement
Calculate the premerger herfindahl-hirschman index : You are the manager in a market composed of 12 firms, each of which has a 8.33 percent market share. In addition, each firm has a strong financial position and
Family purchasing decisions : How has the supply and demand for a specific product affected your or your family's purchasing decisions? Which variables most affect your decision to either bu
Optimal profit maximizing quantity : Suppose you estimate the short-run total cost function to be TC = 200 + 10Q + 0.1Q2. Also, suppose you can sell every unit produced at a $500 price so you have
What is the investment in operating capital : You collected the following data on a company: Based on the relevant data, what is the investment in operating capital in 2021
What conditions would a business wish to enter foreign : Under what conditions would a business wish to enter foreign markets by extending licenses or franchises to local businesses to produce its goods?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd