Solved: What is the concentration ratio in the industry, Microeconomics

+44 141 628 6080
[email protected]

What is the concentration ratio in the industry

There are six firms in the industry. Suppose their sales in the year 2006 are as follows:

Firm Sales (10 millions of dollars)

A                100
B                   80
C 50
D                     40
E                      40
F                      20

Question 1. What is the concentration ratio in the industry

(a) if you use the four-firm concentration ratio;

(b) if you use the HHI index.

Question 2. Would you regard this industry as oligopolistic? Why or why not?

Question 3. Suppose that firm A merges with firm F. What now will be the concentration ratio in the industry?

Question 4. Suppose that after they merge, firms A and F go out of business. What now will be the concentration ratio in this industry?

View Complete Question

Solution Preview :

Prepared by a verified Expert

Microeconomics: What is the concentration ratio in the industry

Reference No:- TGS01744581

Now Priced at $25 (50% Discount)

Recommended (99%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Microeconomics

Q : Advertising-price-cost-supply and demand curve

Advertising can inform buyers, but sellers must incur costs to advertise. If so, advertising can result in higher prices to consumers. Does this mean advertising is economically inefficient? If not, explain how it can simultaneously create value a

Q : Latest economic recession

Question 2. How sensitive do you think your organization was to the latest economic recession that began in 2007?

Q : Case study-restaurant

Will you limit or put a minimum count on each table? That is, will you allow a party of two to use the benefit or will you require a minimum number of people on the party in order to take advantage of the offer?

Q : Sole proprietorship-partnership and corporation

Give three examples of operating company formed as: sole proprietorship, partnership and corporation. Explain how you decided on categorizing them.

Q : What is the concentration ratio in the industry

Question 1. What is the concentration ratio in the industry (a) if you use the four-firm concentration ratio; (b) if you use the HHI index.

Q : Methods for measuring economic welfare

How would you evaluate this assertion? If there are reasons to dispute it, why is it a nearly universally recognized goal? Are there better methods for measuring economic welfare? How would you measure it?

Q : Revenues and costs-brownstowns management

Was in the process of restructuring its loans to avoid bankruptcy, its lenders requested that the firm disclose full information about its revenues and costs. Explain why Brownstown's management was reluctant to release this information to its len

Q : Current economic conditions

Based on the CPI and S&P500 Stock Inex give a recommendation as to whether short-term interest rates should be raised, lowered, or kept the same in the current economic conditions.

Q : Standard deviation of returns-correlations of returns

Calculate monthly returns, average monthly returns, standard deviation of returns, and correlations of returns. Plot prices of stocks & market indicator all vis-à-vis a beginning value of 100 (time series).

1931345

Questions
Asked

3,689

Active Tutors

1442078

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Solution Preview :

Prepared by a verified Expert

Microeconomics: What is the concentration ratio in the industry

Reference No:- TGS01744581

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

Q : Advertising-price-cost-supply and demand curve

Q : Latest economic recession

Q : Case study-restaurant

Q : Sole proprietorship-partnership and corporation

Q : What is the concentration ratio in the industry

Q : Methods for measuring economic welfare

Q : Revenues and costs-brownstowns management

Q : Current economic conditions

Q : Standard deviation of returns-correlations of returns

Explain two formulas ins kants categorical imperative

Understanding in the context of your healthcare setting

Review the leadership style that you feel you must portray

Leadership groups to generate interest and buy-in for plan

Review a nontraditional treatment for reiki

Incorporate evidence from nursing evolution assignments

Develop a hypothetical health promotion plan

Solution Preview :

Prepared by a verified Expert

Microeconomics: What is the concentration ratio in the industry

Reference No:- TGS01744581

Recent Questions Asked Microeconomics

Q : Advertising-price-cost-supply and demand curve

Q : Latest economic recession

Q : Case study-restaurant

Q : Sole proprietorship-partnership and corporation

Q : What is the concentration ratio in the industry

Q : Methods for measuring economic welfare

Q : Revenues and costs-brownstowns management

Q : Current economic conditions

Q : Standard deviation of returns-correlations of returns

Asked Questions