Compute the herfindahl-hirschman index for industry

Assignment Help Business Management
Reference no: EM132298670

In a five firm industry. The top four firms have market shares of 40%, 20%, 18%, and 17.3%,. Compute the Herfindahl-Hirschman index for the industry.

Hint 1: You will need to calculate the market share of the fifth firm first.

Hint Two: Write answer to two decimal places.

Hint Three: When calculating the HHI remember 10% market share is 10 not 0.10.

Reference no: EM132298670

Questions Cloud

What are the benefits of international free trade : Does all parties gain if there is free trade between countries? Use the trade between the US and Mexico to explain your answer
Choose to apply a corrective tax vs a subsidy : When does a government choose to apply a corrective tax vs a subsidy?
Shifters of supply that would cause a supply curve to shift : What are the 4 shifters of supply that would cause a supply curve to shift?
Critical resource to health and human services : Why are financial resources a critical resource to health and human services?
Compute the herfindahl-hirschman index for industry : In a five firm industry. The top four firms have market shares of 40%, 20%, 18%, and 17.3%,. Compute the Herfindahl-Hirschman index for the industry.
Perfectly competitive market : Firms strive toward efficiency, yet, while economic efficiency is maximized in a perfectly competitive market, in reality, no firm wants to actually compete in
Determine mathematically the amount of capital : a. Determine mathematically the amount of capital and labor that will minimize average cost.
What are the three types of market-based explanations : What are the three types of Market-Based Explanations of Wage Inequality? Briefly desribe each one and give examples of each one.
Major role in the decline in absolute mobility : What two factors seemed to play a major role in the decline in absolute mobility? Which one did they find to be the most critcal?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

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