As a general rule of thumb, industries with a Herfindahl index below ______ are considered to be competitive, while those above ______ are considered non-competitive.
a. 1,000, 1,800
b. 1,800, 1,000
c. 1,000, 3,000
d. 1,800, 3,000
Answers
s a general rule of thumb, industries with a Herfindahl index below 1,800 are considered competitive, while those above 1,800 are considered non-competitive.
The Herfindahl index is a measure of market concentration used to assess the competitiveness of an industry. It is calculated by summing the squared market shares of all firms in the industry. A lower Herfindahl index indicates a more competitive market, while a higher index suggests a less competitive or concentrated market.
According to the given answer choices, option b. 1,800, 1,000 provides the correct rule of thumb. Industries with a Herfindahl index below 1,800 are considered competitive, while those above 1,800 are considered non-competitive.
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Related Questions
If an insurer is incorporated in Rhode Island, but primarily does business in New York, what type of insurer is this considered in New York
Answers
If an insurer is incorporated in Rhode Island, but primarily does business in New York. This is called foreign insurer.
Who is an insurer?An insurer can be defined as a person who insured a person or a person who provide insurance coverage.
An Insurer has their business situated or established in the United States of America but carried out is business activities in another country like New york this will be tend to be called foreign insurer in New york because the business is not domiciled in New york but United state of america.
Inconclusion this is called foreign insurer.
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Experts suggest doing all of the following except _____, as part of an effective corporate apology strategy.
Answers
Professionals propose doing all of the following except Delaying statement of the awful news, as part of an powerful corporate apology strategy.
Effective corporate apology strategy hold three desires in thoughts: candor, remorse, and a commitment to alternate. The high-quality apologies display candor. They leave no room for equivocation or misinterpretation, and that they make certainly clean that the enterprise recognizes each the damage that become precipitated and its personal responsibility.
Across two studies Lewicki and co-workers found that the maximum compelling apologies consist of six wonderful factors:
1) Expression of regret.
2) explanation of what went wrong.
3) Acknowledgment of obligation.
4) announcement of repentance.
5) provide of repair.
6) act of contrition.
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plz helpp ill love u forever
Answers
Answer:
The answer is A.
Explanation:
In each other presentation, choosing the “Reuse Slides” tool and then browsing to find the credits slide in the original presentation.
Brainliest please!!!!!!!!!
Activity 3
Calculate Profit
Answers
Answer: See explanation
Explanation:
Profit is calculated as:
= Selling price - Cost price
1. Selling price = 1353
Cost price = 1230
Profit = Selling price - Cost price
= 1353 - 1230
= 123
2. Selling price = 1350
Cost price = 900
Profit = Selling price - Cost price
= 1350 - 900
= 450
3. Selling price = 1500
Cost price = 1200
Profit = Selling price - Cost price
= 1500 - 1200
= 300
4. Selling price = 2960
Cost price = 850
Profit = Selling price - Cost price
= 2960 - 850
= 2110
i can do stonks
stonks for ya
stonks for them
stonks for they
Answers
Explanation:
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write the key points about a teacher's role
can someone pls help me??
Answers
You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.
Answers
Answer:
3.2%
Explanation:
this is an ordinary annuity:
future value of an ordinary annuity = annual payment x future value annuity factor
$366,000 = $11,000 x future value annuity factor
future value annuity factor = $366,000 / $11,000 = 33.2727
you can solve this in two ways:
the first is with a lot of math work in order to solve the following equation
33.2727 = [(1 + i)²³ - 1] / i
or
you can use an annuity calculator (available online) which will yield 3.2%
Jones corporation reported current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet. the working capital is:________
Answers
The working capital of Jones Corporation, with current assets of $193,000 and current liabilities of $137,000 on its most recent balance sheet, is $56,000.
What is the working capital?The working capital is the difference between current assets and current liabilities.
The working capital represents the funds available for meeting short-term obligations.
Some of the items used for calculating the working capital include:
Cash and Cash EquivalentsAccounts ReceivableInventoryAccounts Payable.Data and Calculations.Current assets = $193,000
Current liabilities = $137,000
Working capital = $56,000 ($193,000 - $137,000)
Thus, Jones' working capital is $56,000.
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1. In the POW camps of WWII, what did prisoners do with the contents of their Red Cross packages
that "maximized individual satisfaction"?*
(1 Point)
Prisoners gave away things they didn't want
Prisoners traded for what they wanted.
Prisoners hoarded their meager supplies.
Answers
Answer:
The correct option is;
Prisoners traded for what they wanted
Explanation:
In the war camps, being that there where no privileged persons, everyone had to trade what they where given as rations for what they needed and as such trading became predominant in the camp as those who could afford to manage without taking some of the package contents from the Red Cross such as beef, coffee, biscuits and cheese can trade for other items with some making small fortunes in cigarettes (which became more or less the currency) and biscuits.
g If the beginning work in process includes 200 units that are 20% complete with respect to conversion and 30% complete with respect to materials. Ending work in process includes 100 units that are 40% complete with respect to conversion and 50% complete with respect to materials. If 1,000 units were started during the period, what are the equivalent units of productions for the period (using the weighted-average method) for conversion
Answers
Answer:
1,140 units
Explanation:
Note : The question requires us to use the weighted-average method. This method focuses on equivalent units of completed units and units still in process only.
Step 1 : Determine units completed and transferred
Units Completed = Beginning units + Units Started - Ending units
= 200 + 1,000 - 100
= 1,100 units
Step 2 : Calculate equivalent units of production with respect to conversion costs
Completed and transferred (1,100 x 100%) 1,100
Ending units (100 x 40%) 40
Total equivalent units of conversion costs 1,140
thus,
the equivalent units of productions for the period (using the weighted-average method) for conversion is 1,140 units.
Suppose that workers in the United States can produce 40 computers or 20 tons of coffee in a particular period. Suppose workers in Brazil can produce 30 computers or 10 tons of coffee in the same period.
a. What is the opportunity cost for computers and for coffee in each country?
b. Which country has a comparative advantage in the production of computers, and which has a comparative advantage in the production of coffee?
c. Choose terms of trade that would make both countries better off.
Answers
For US the opportunity cost of coffee is 0.5 and computer is 2, for Brazil, the opportunity cost is 0.3 for coffee and 3 computers
Brazil has comparative advantage in computer, US has in coffee.
The nations would be better off if they exchanged within their opportunity costs.
a. How to solve for the opportunity costThe US must stop producing 20 tons of coffee in order to produce 40 computers. Therefore, the US must stop producing 20–40 tons of coffee in order to build only one computer. Computer opportunity cost in the US = 20/40 = 0.5 tons of coffee
Opportunity cost = 1 / 0.5 = 2 computers
Brazil must stop producing 10 tons of coffee in order to build 30 computers. Therefore, Brazil would have to stop producing 10 or 30 tons of coffee in order to build one computer. In Brazil, the opportunity cost of a computer is 10/30, or one third a ton of coffee.
1/ 0.3 = 3 computer
b. Brazil is believed to have a comparative advantage in the manufacture of computers, but the US has a comparative advantage in the production of coffee, due to the lower opportunity cost of making computers there than in the US.
c. The terms of trade has to be between their opportunity costs. a ton of coffee has to be exchanged with 2.5 of computers.
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What factors play a role in gendering specific occupations?
Answers
Answer:
Risk, physical demands, skill level, competence
Explanation:
A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 10 retail clients and 20 institutional clients. FINRA defines this as:
Answers
Answer:
A representative gives a seminar to investors, making a presentation about successful hedge fund strategies. It is attended by 10 retail clients and 20 institutional clients. FINRA defines this as: a retail communication.
Explanation:
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Sam has a change jar that contains only pennies and dimes. He
has 92 coins which add up to a total of $4.79. How many of each
type of coin does he have?
Answers
Sam has 49 pennies and 43 dimes.Let's assume Sam has x pennies and y dimes. The value of x can range from 0 to 92, while the value of y can range from 0 to 92 as well.
We can set up a system of equations based on the given information:
x + y = 92 (Equation 1)
0.01x + 0.10y = 4.79 (Equation 2)
To solve this system, we can multiply Equation 1 by 0.01 and subtract it from Equation 2:
0.01x + 0.10y - 0.01x - 0.92y = 4.79 - 0.92
0.09y = 3.87
y = 43
Substituting the value of y back into Equation 1:
x + 43 = 92
x = 49
Therefore, Sam has 49 pennies and 43 dimes.
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When comparing the buying power of a salary offer of $52,000 in Boston with a $49,000 offer in Los Angeles, the Boston salary offer would buy ____ of goods and services in Los Angeles, assuming the index was 130.6 for Boston and 114.9 for Los Angeles.
Answers
A $52,000 salary offer in Boston would buy $51,279.72 of goods and services in Los Angeles.
When comparing the buying power of a salary offer, we can use the cost of living index for each city. In this case, the cost of living index is 130.6 for Boston and 114.9 for Los Angeles.
To determine the equivalent salary offer in the other city, we can use the formula:
Equivalent Salary Offer = (Cost of living index of the second city / Cost of living index of the first city) × Salary offer of the first city.
For the $52,000 salary offer in Boston:
Equivalent Salary Offer in Los Angeles = (114.9/130.6) × $52,000 = $45,720.28
So, a $52,000 salary offer in Boston would be comparable to a $45,720.28 salary offer in Los Angeles.
For the $49,000 salary offer in Los Angeles:
Equivalent Salary Offer in Boston = (130.6/114.9) × $49,000 = $56,817.00
Therefore, a $49,000 salary offer in Los Angeles would be comparable to a $56,817.00 salary offer in Boston.
To determine the buying power of the $52,000 salary offer in Boston in Los Angeles, we divide the $52,000 salary offer by the equivalent salary offer in Los Angeles ($45,720.28) and multiply it by the $49,000 salary offer in Los Angeles.
Buying Power of $52,000 in Boston in Los Angeles = ($52,000 / $45,720.28) × $49,000 = $51,279.72
Therefore, a $52,000 salary offer in Boston would buy $51,279.72 of goods and services in Los Angeles.
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An auto repair shop instructs its mechanics to review the steps they take
when completing repairs. Which of the four basic ethical norms best
describes the motivation for this instruction?
A. Justice
B. Freedom
C. Efficiency
D. Stability
Answers
C. Efficiency
Answer: C. Efficiency
Job A3B was ordered by a customer on September 25. During the month of September, Jaycee Corporation requisitioned $2,300 of direct materials and used $3,800 of direct labor. The job was not finished by the end of the month, but needed an additional $2,800 of direct materials and additional direct labor of $6,100 to finish the job in October. The company applies overhead at the end of each month at a rate of 200% of the direct labor cost incurred. What is the balance in the Work in Process account at the end of September relative to Job A3B?
Answers
Answer: $13,700
Explanation:
Given the following :
Month of September:
Direct materials = $2300
Direct labor used = $3800
Overhead = 200% of direct labor cost incurred
Therefore September overhead :
200% × $3800
2 × $3800 = $7,600
Work in process account at the end of September :
Direct labor cost + direct material cost + overhead
$3800 + $2300 + $7600 = $13,700
Whether the product was made or service performed to specifications is a question of:
A) conformance quality.
B) performance quality.
C) reliability quality.
D) value indices.
Answers
The question "Whether the product was made or service performed to specifications" is refers to A) Conformance quality.
Conformance quality refers to the extent to which a product or service meets specified requirements or standards. It is a measure of how well a product or service is made or done to the required specifications. In other words, conformance quality assesses whether a product or service meets customer expectations in terms of features, functionality and performance. Performance quality, reliability quality, and value index are other related aspects of product and service quality, but are distinct from conformance quality. Performance quality refers to the effectiveness and efficiency of a product or service in meeting customer needs.
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PIVOT! World Joy produces naturally made clothing and accessories. Their most popular item is the 'Easy Hat', a crocheted packable hat that generates more sales than any other item the company sells.
Answers
World Joy, a producer of naturally made clothing and accessories, experiences high sales with their popular 'Easy Hat', a crocheted packable hat.
World Joy specializes in producing naturally made clothing and accessories. Among their extensive product line, the 'Easy Hat' stands out as their best-selling item. This crocheted packable hat has garnered significant popularity and consistently generates high sales. Customers are drawn to the hat's unique design, practicality, and versatility, making it a preferred choice among World Joy's offerings. The success of the 'Easy Hat' demonstrates World Joy's ability to create products that resonate with their target audience and meet their needs. By focusing on producing high-quality, environmentally friendly items like the 'Easy Hat', World Joy has established a strong position in the market and continues to thrive in the industry.
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all organizations should have flexible policies governing the release of information concerning both employees and others.
Answers
All organizations should have flexible policies governing the release of information concerning both employees and others false.
Supervisors' documents frequently encompass copies of the maximum latest one or overall performance appraisals. The position of the face-to-face interview withinside the overall performance appraisal technique is: A possibility for managers and personnel to agree on suitable steps to reap development or correction if needed.
Employee statistics can assist employers via way of means of assembly felony duties and keep away from litigation and it is able to assist new managers recognize their worker's background. Employers nevertheless want to be diligent in setting up and retaining their worker statistics to assist their commercial enterprise and their personnel thrive in cutting-edge workforce.
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When it comes to robotics in the
fourth industrial revolution, identify the necessary steps to
protect the environment as well as compliance with safety and
health requirements.
Answers
As robots and automated systems become more common in the workplace, there is a growing need to protect the environment while also complying with safety and health regulations.
Here are some necessary steps to take when it comes to robotics in the fourth industrial revolution:
1. Design environmentally-friendly robots
The manufacturing process for robotics and automated systems is a significant source of pollution, so designing environmentally-friendly robots is a crucial step in protecting the environment. This involves using materials that are renewable, biodegradable, or recyclable wherever possible.
2. Use robots to monitor and reduce emissions
Robots can be used to monitor air, water, and soil quality and identify sources of pollution. They can also be programmed to reduce emissions by optimizing energy consumption and identifying areas where waste can be reduced.
3. Implement safety and health protocols
Robotics and automated systems can be dangerous to work with, so it is essential to implement safety and health protocols to protect workers from accidents and injuries. This includes providing training and protective equipment and ensuring that robots are designed with safety in mind.
4. Reduce energy consumption and carbon footprint
Robots can be programmed to optimize energy consumption and reduce carbon emissions. This includes shutting down systems when they are not in use and using renewable energy sources wherever possible.
5. Implement waste reduction strategies
Robots can help identify areas where waste can be reduced and optimize recycling and disposal processes. This includes using robots to sort and process waste and identifying ways to reduce waste in the manufacturing process.
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Olivia is really good at working with computers and has been helping at her mom's company by setting up and maintaining the employee's computers. Which pathway of the Information Technology cluster would be a possible future career for her? Question 2 options: Information Support and Services Network Systems Programming and Software Development Web and Digital Communications
Answers
Answer: Information Support and Services
Explanation:
The information support and services personnel covers the following job specification; information technology deployment which entails the implementation of computer systems and software, database management, provision of technical assistance related to computer systems and managing of information systems.
Since Olivia is able to set up her mother's computer network in her business, she can look into Information Support and Services because it covers the field for that
which explains a difference between income and taxable income?which explains a difference between income and taxable income?
Answers
Income is the money a person makes, whereas taxable income takes certain expenses into account.
Which revenue are you referring to?The term "income" often refers to the total amount of cash, assets, and other value exchanges acquired over a predetermined period of time in exchange for products or services. There is no single, accepted meaning of income; rather, it depends on the setting in which it is used.
Explain the income formula?The difference between total revenue and total costs is used to calculate a net income calculation. The equation used to determine it is Net Income = Total Revenue - Total Expenses.
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What sports have been founded by an entrepreneur?
Answers
An individual who plans, manages, and takes on the risk of a sport-related business enterprise is known as a sports entrepreneur. There are numerous instances of professional players succeeding in business after leaving sports.
The most well-known professional sport players who successfully transitioned from athletics to entrepreneurship include Payton Manning, David Beckham, John Elway, Magic Johnson, and Venus Williams, to name just a few. Many of you are familiar with his court movements. It is less typical to be aware of his entrepreneur side. However, how many companies does Shaq actually own? Even though the solution is not obvious, it is still amazing.
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Identify a true statement about the different stages of a product life cycle. Select one: a. The production and marketing costs are generally low during the introduction phase of the product life cycle. b. As a product matures, profits for an initiating firm keep pace with sales. c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle. d. A seller makes price concessions, increases product quality, or expands outlays on advertising and sales promotion during the growth stage.
Answers
Answer:
c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
The true statement about the different stages of a product life cycle is that profits increase and are positively correlated with sales during the growth stage of the product life cycle because the growth stage is typically characterized by an acceptance of the product in the market by the consumers. Thus, there would be an increase in the quantity of goods sold (revenue) and a corresponding increase in profit.
Suppose that over a 30-year period Buskerville’s price level increased from 72 to 138, while its real GDP rose from $1.2 trillion to $2.1 trillion.Instructions: Round your answers to 1 decimal place. Use simple (not compounded) growth calculations for the percentage change.Did economic growth occur in Buskerville? (Click to select)YesNo.If so, by what average yearly rate in percentage terms? percent.
Answers
Yes, economic growth occurred in Buskerville over the 30-year period. To calculate the average yearly rate of economic growth in percentage terms, we can use the formula:
Average Annual Growth Rate = ((Ending Value / Beginning Value)^(1/Number of Years) - 1) * 100
Using the given information:
Beginning Value of Price Level = 72
Ending Value of Price Level = 138
Beginning Value of Real GDP = $1.2 trillion
Ending Value of Real GDP = $2.1 trillion
Number of Years = 30
Calculating the growth rate for the price level:
((138 / 72)^(1/30) - 1) * 100 ≈ 1.7%
Calculating the growth rate for real GDP:
(($2.1 trillion / $1.2 trillion)^(1/30) - 1) * 100 ≈ 2.1%
Therefore, the average yearly rate of economic growth in Buskerville, in percentage terms, is approximately 1.7% for the price level and 2.1% for real GDP.
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Productivity is measured as the ratio of inputs to outputs.a. Trueb. False
Answers
Productivity is measured as the ratio of inputs to outputs, its true.
Productivity is defined in economics as the ratio of output to input, which can include labor, money, or any other resource. The economy is commonly measured as a ratio of hours worked to gross domestic product. (GDP). By further segmenting labour productivity, it is feasible to look at trends in wage growth, wage levels, and technological progress. Growth in productivity is closely linked to business profits and shareholder returns. The productivity indicator that is most commonly reported is labor productivity, which is released by the Bureau of Labor Statistics. The GDP to total economic hours worked percentage is the foundation for this. Increasing capital depth, changes in the workforce's education and experience levels, and technological advancements all help to drive up labor efficiency.
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Idriss, a registered nurse, operates a home health care service to assist with the medical, meal preparation, and light housecleaning needs of older adults. When idriss makes strategic plans for his business to deal with an expected decline in the number of older people in the population, he is paying attention to the ________ environment.
Answers
Since idriss makes plans to deal with an expected decline in the number of older people in the population, he is paying attention to the general environment.
What is general environment?General environment entails the overall resident of a specific area.
In conclusion, he is paying attention to the general environment because he makes plans to deal with an expected decline in the number of older people in the population.
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When the economy is at full employment unemployment is equal to zero?
Answers
No, when the economy is at full employment, unemployment is not equal to zero because some unemployment are necessary for a functioning labor market.
Unemployment is the state of being able to work, actively seeking employment, yet unable to do so. It is crucial to remember that a person must be actively seeking payed employment in the labour force in order to be termed unemployed.
The demand and availability for labour, wherein company gives the availability and employers will provide demand, are referred to as the labour market, also referred to as the job market. It is a crucial part of every economy and is closely connected to the markets for money, products, and services.
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Please answer now:Analyse the functions of the price mechanism
Answers
Prices serve three distinct purposes: the functions of rationing, signaling, and incentive.
How can economics help with price mechanisms?The interaction between supply and demand that determines the market price and quantity of goods sold is referred to as the price mechanism. At most prices, planned demand and planned supply are not equal. Because there is either a shortage or a surplus and businesses have an incentive to alter the price, this is a state of disequilibrium.
As a result, the price system provides a straightforward scale on which every consumer and manufacturer can weigh competing demands. The propensity to push toward the harmony cost is known as the market system, and the subsequent harmony among market interest is known as a market balance.
When prices rise, the price mechanism's incentive function encourages producers to increase production in anticipation of higher profits.
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