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The main drawback of the Herfindahl-Hirschman Index (HHI) is that:
It only goes to 100
It does not work for a monopoly market
It does not work for a perfectly competitive market
It has too many letters in it
You have to know the market share for all the firms in the market
In a current newspaper article you also read that The Camera Shop has exhausted its undertaking capital and that no new investors
Comparative advantage - How companies and countries are becoming specialised in certain industries to compete and expand their businesses. Compare Australia with any other country.
There exists a debate among monetary policymakers as to the appropriate inflation measure that should be used to guide policies. Four alternatives are the consumer price index, the consumer price index excluding food and energy prices, the personal c..
Suppose the economy's production function is Y = A(300N – N^2). The marginal product of labor is MPN = A(300 - 2N). Suppose that A = 10. The supply of labor is NS = 0.05w + 0.005G. If G is 26,000, what are the real wage, employment, and output?
Let a monopolist face a demand function given by P(q) = 40-q and let the cost function be given by C(q) = 50 + q2. Calculate marginal revenue. What price will the monopolist charge, call that price P*? What is the average cost at the quantity of outp..
q1. compare the unemployment rate in new mexico to the national average of the past four 4 years. compare the trends in
The inflation-free rate (real rate) is 2.3% per year and the inflation rate is 2.03% per year. The effective interest rate (market rate) is therefore
The base year is 2009. Real GDP in 2009 was $10 trillion (2009 dollars). The GDP price index in 2009 was 112, and real GDP in 2013 was $11 trillion (2009 dollars). Calculate nominal GDP in 2009 and in 2013 and the percentage increase in nominal GDP f..
An entrepreneur took a one-month leave of absence. Elucidate how many units did she have to sell To facilitate turn a profit
suppose that for a particular economy and period investment was equal to 100 government expenditure was equal to 75 net
Lubbock County is planning to construct a bridge across the Rio de Lubbock to facilitate afternoon skiing in the El Dusto Ski Basin. The first cost for the bridge will be $6,500,000. Annual maintenance and repairs will cost $25,000 for each of the fi..
Discuss how Macy's department store could improve its net profit position? Discuss the specific factors in cost of goods sold that would improve the gross margin position of the department store in sales. What other programs besides JDA planning are ..
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