What is the largest value that the herfindahl index take

Reference no: EM13213928

Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?
In that same situation, what would the four-firm concentration ratio be?

Reference no: EM13213928

Questions Cloud

Explain determine that a certain bacterium covers an area : Suppose that, from measurements in a microscope, you determine that a certain bacterium covers an area of 1.50 μm2

How much will property be depreciated in the 9th year : A useful piece of depreciable property was bought for $20,000. If it has a useful life of 10 years and a salvage value of $5,000, how much will it be depreciated in the 9th year, using the 150% declining balance schedule

Hysical reaction to the atomic bombing : What did Yamaoka Michiko's psychological and physical reaction to the atomic bombing of Hiroshima suggest about the nature of these new weapons?

Explain the silica gel absorbed water vapor : A mixture moistened with water and placed it in a desiccator (drying chamber) with silica gel to dry at 22C. the silica gel absorbed water vapor as the mixture dried.

What is the largest value that the herfindahl index take : Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..

Major perspectives in the field of psychology : Identify the five major perspectives in the field of psychology and list one subfield for each.

Explain what must be the initial concentration of reaction : What must be the initial concentration of reaction, [A]0, if (a) the zero- and first-order; (b) the zero- and second-order; (c) the first- and second-order reactions are to have the same half-life?

Elements of the criminal justice system : List, compare and contrast the 3 elements of the criminal justice system. How do these elements function to create our modern day Criminal Justice System?

Where should the manufacturing plant be located : A firm is considering moving its manufacturing plant from Chicago to a new location. The industrial engineering department was asked to identify the various alternatives together with the costs to relocate the plant, and the benefits.

User Account

All Pages