Describe market concentration curve

Assignment Help Business Economics
Reference no: EM133083721

In an industry there are 11 firms with market shares: 10%, 20%, 15%, 5%, 30%, 10%, and five additional firms with 2% each.

Graphically describe this market's concentration curve.

What is the I4 index of market concentration for this market? What is the I8 index of market concentration for this market?

What is the HHI (Herfindhal- Hirshman index) of market concentration for this market?

Provide an example of an industry that also has 11 firms but is more concentrated than this one according to both the I4 and the HHI index.

Provide an example of an industry that also has 11 firms, that is more concentrated than this one according to the I4 index but less concentrated according to the HHI index.

Reference no: EM133083721

Questions Cloud

Reasons for this population explosion : Globally, the human population is increasing exponentially. What are some of the reasons for this population explosion? Do you think this is something that shou
Sketch a supply curve that represents the supply of salt : Please help me with my managerial economics class. you can draw your illustration in the paper. it is a case analysis study. please draw the n diagram in your p
Demand function for nazarene university services : Suppose you estimated the following linear demand function for Nazarene University's services/products
Difference between a regular car and an suv : How long would you need to leave your refrigerator door open to use as much extra energy as the difference between a "regular car" and an SUV in the first year
Describe market concentration curve : In an industry there are 11 firms with market shares: 10%, 20%, 15%, 5%, 30%, 10%, and five additional firms with 2% each.
Requirements of national law and national regulations : List the four requirements of the National Law and National Regulations in regards to the program that services provide.
Define the managerial economics : 1. Define the Managerial Economics and write its scope. 2. What are the uses of Managerial Economics?
What is anthony implicit cost : Anthony Figueroa is a CPA, who works for an accounting consulting firm. His annual salary income is $70,000. Anthony is considering opening up his own consultin
What is the initial cost of a machine : What is the initial cost of a machine with a life of 6 years that has a salvage value of $95,000 and a capital recovery cost of $60,000 per year? The firm uses

Reviews

Write a Review

Business Economics Questions & Answers

  Using microeconomic theory

When wages increase, will the typical person work more or less? Explain your answer using microeconomic theory. (Note: The substitution and income effects for leisure demand are an important part of this topic).

  Michael porter diamond model

Compare the level of competitiveness between INDIA and US in software industry using Michael Porter' Diamond model

  Discuss five non-bank financial intermediaries

Discuss five non-bank financial intermediaries in the American economy,relate what each one does and how it gets money.

  How many hours will she work at the bookstore

If her goal is to maximize the amount of money she can make each week, how many hours will she work at the bookstore?

  Calculate the price elasticity of demand

The COVID-19 pandemic has brought unprecedented challenges for everyone, especially JPS customers who have constantly complained about high electricity bills an

  Econometrics being used in business or economics

Discuss how you see econometrics being used in business or economics. Provide examples from what you found in the e-Activity to support your response. Imagine you are an economic advisor to the Chairman of the Federal Reserve Board, and he asks you w..

  What is the own price elasticity of demand

The demand for company X's product is given by Qx = 12 - 3Px + 4Py. Suppose good X sells for $3.00 per unit and good Y sells for $1.50 per unit. a. Calculate the cross-price elasticity of demand between goods X and Y at the given prices. b. Are goods..

  Intervlan routing and router-on-a-stick inter-vlan routing

Using dot points, compare the advantages and disadvantages of legacy interVLAN routing and Router-on-a-Stick inter-VLAN routing.

  Types of government intervention in healthcare

Provide examples of the following types of government intervention in healthcare

  What are some ethical issues or concerns you may have

Based on the evidence, is this company ethical? Why or why not. What are some ethical issues or concerns you may have found about the company.

  Calculates gross domestic product

Below are some economic data for Utopian (a nation that calculates Gross Domestic Product the same way that the USA does. Income earned in Utopian by foreign firms and residents = $120 billion

  How the federal reserve controls the money supply

Examine how the Federal Reserve controls the money supply. In a paper, formulate how the independence of the Federal Reserve should or should not be modified in any way.

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