An analyst gathers the following market share data for an industry comprised of five companies: The industry's
Question:
An analyst gathers the following market share data for an industry comprised of five companies:
The industry's three-firm Herfindahl-Hirschman index is closest to:
A. 0.185 .
B. 0.225 .
C. 0.235 .
Transcribed Image Text:
Company Market Share (%) Zeta 35 Yusef 25 Xenon 20 Waters 10 Vlastos 10
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The HerfindahlHirschman Index HHI is a measure of ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
Question Posted:
Students also viewed these Business questions
-
An analyst gathers the following market share data for an industry: The industry's four-company concentration ratio is closest to: A. 71 percent. B. 86 percent. C. 95 percent. Company Sales (in...
-
use the following scenario: The graph below depicts the market for widgets. The government has imposed a tax on the production of widgets. Before the tax, the equilibrium price was $20 and the...
-
An analyst gathers the following information about Meyer, Inc.: Meyer has 1,000 shares of 8% cumulative preferred stock outstanding, with a par value of $100, and liquidation value of $110. Meyer has...
-
1. What options does Personal Trainer have for developing a new system? What are some specific issues and options that Susan should consider in making a decision? 2. Susan has been asked to prepare a...
-
Two of the lines of the atomic hydrogen spectrum have wavelengths of 656 nm and 410 nm. If these fall at normal incidence on a grating with 7700 slits / cm, what will be the angular separation of the...
-
Maynard Associates has 62 units of a certain product on hand currently. The demand forecast for next week is 25 units, and Maynard plans to produce an additional 10 units of the product during that...
-
Ashton Tate, an in-charge auditor, has completed the year end physical inventory observation at a large wholesaler of automotive parts. Tate reviewed managements inventory-taking instructions before...
-
Identify the primary audit objectives that auditors hope to accomplish by confirming a clients year-end accounts receivable. Explain the difference between positive and negative confirmation requests...
-
Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 7.4% with semiannual payments of $37, and a par value of $1,000. The price of each bond in the issue is...
-
One disadvantage of the Herfindahl-Hirschman index is that the index: A. is difficult to compute. B. fails to reflect low barriers to entry. C. fails to reflect the effect of mergers in the industry.
-
A government entity that regulates an authorized monopoly will most likely base regulated prices on: A. marginal cost. B. long-run average cost. C. first-degree price discrimination.
-
If atoms of a substance absorb ultraviolet light and emit red light, what becomes of the "missing" energy?
-
In below picture, the Temperature-Time-Transition (TTT) diagram for a glass forming material is shown: temperature T. m I 1 ppm 1% crystal time
-
Bob met Alice in the summer of 2020 in Paris. They become good friends. Bob works in a bank while Alic is a financial advisor at a private firm. Bob and Alice got married in the fall of 2021 and they...
-
The thermal behaviour of polymers strongly depends on their structure. In below diagram, the E-Modulus as a function of temperature for different polymer structures is shown: Modulus A g B...
-
Learning outcome: To understand, be able to think critically, to be aware of the contemporary issues about a business in management accounting. Assignment Brief 1. This assignment is concerned with...
-
What volume of water, in mL, is needed to dissolve 7.9 mg of nitrogen gas (28.0134 g/mol) when the partial pressure of nitrogen above the water is 1.1 atm at 25 C? The Henry's constant for nitrogen...
-
Should Red Bull do more traditional advertising? Why or why not?
-
A Bloomberg Businessweek subscriber study asked, In the past 12 months, when traveling for business, what type of airline ticket did you purchase most often? A second question asked if the type of...
-
Suppose that each of the following is true: (1) The laptop computer industry is perfectly competitive and that the firms that assemble laptops do not also make the displays, or screens; (2) the...
-
Discuss the shape of the long-run supply curve in a perfectly competitive market. Suppose that a perfectly competitive market is initially at long-run equilibrium and then there is a permanent...
-
Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 worth of bonds that had been earning 3 percent per year, and uses the...
-
Two objects with mass m; = 200 g and m2 = 300 g connected by a massless string lie on a smooth horizontal surface. Suppose the friction between the blocks and the surface is negligible. Calculate:...
-
In mammals, brain volume is proportional to the surface area of the mammal. A small mammal of 1.0 kg body mass has a brain mass of 10 g. What will be the brain mass of a large mammal of mass 1000 kg
-
Consider the following pool of mortgages: 100 mortgages with initial balance of $394,395, interest rate 2.1%, issued for 30 years with monthly payments 80 mortgages with initial balance of $278,090,...
Study smarter with the SolutionInn App