Market Share Firm ( % ) А 25 В 22 18 16 E 15 F 4 Suppose that firms B and D in this table merged into a single firm. The four-firm concentration ratio and the Herfindahl index would
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- Assume the laptop market has 5 participants, each accounting for 20% of market share. Now two of the competitors decide to merge, how would this change the HH index? Would the proposed deal likely raise FTC’s concerns on reduced competition? a. Increase by 400. No. b. Increase by 400. Yes. c. Increase by 800. No. d. Increase by 800. Yes.Phoenix Electricity is the only company providing electricity in City H. What kind of market structure should be used to analyze Phoenix Electricity’s production decision?only typed answer Consider the following information: Q = 22 L + 57 K PL=52, PK=3, P=28 and C=4763 What is the profit maximizing level of output?
- what is the profitability of the current top 5 companies on the gartner list 202314-5 Music Pricing The pricing model for iTunes has been to price songs individually. Instead, Spotify opted to offer unlimited song playing for a monthly fee. Would Spotify’s pricing model likely yield more profit than pricing songs individually?Presto Products, recently introduced an innovative new frozen dessert maker with the following revenue and cost relation. P= 60-0.005Q MR= 60-0.01Q TC= 88,000+ 5Q+ 0.0005Q^2 MC = 5+0.001Q At what price-output combination does the firm maximize revenues and profits ?
- Semi-Salt Industries began its operation in 1975 and remains the only firm in the world that produces and sells commercial-grade polyglutamate. While virtually anyone with a degree in college chemistry could replicate the firm’s formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent. Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investment since it began producing polyglutamate—a rate comparable to the average rate of interest that large banks paid on deposits over this period. Do you think Semi-Salt is earning monopoly profits? Why?Art-tile operates in a market where there are a number of competitors and anyone could set up at operation like Art-tile by making the same initial financial commitment as Art. QM is the market demand for tiles and is described by the following demand curve; Tiles Workers AVC ATC MC TC Revenue 1000 10 8 20 8 22000 9000 2000 19 8 13.6 7.2 50000 18000 3000 27 7 11.2 6.4 93000 27000 4000 34 7 9.8 5.6 148000 36000 5000 41 7 9 5.6 217000 45000 6000 48 6 8.4 5.6 300000 54000 7000 58 7 8.3 8 418000 63000 8000 70 7 8.5 9.6 572000 72000 P = 40 - .0001QM What is the long run equilibrium price for the type of tiles that Art-tile produces? Why? How many companies will produce this type of tile in long run equilibrium?Comment An HHI index of less than 1500 is considered as an competative market place , and If HHI index value is in range of 1500 to 2500 is considered as moderetly Concentrated.if the valuegoes above 2500 then the market place is highly Concentrated. So, In our All three years Value of HHI is above 2500 that shows in all three years that shows the there is very less competation in market or existence of very few players in all three years Are your conclusions in the HHI consistent with the five firm concentration in all cases? Give two reasons to support your answer
- Firm Market Share (%) A 30 B 22 C 18 D 17 E 7 F 6 Refer to the data. The Herfindahl index for the industry is select the correct option. 1,997. 87. 2,082. 1,800.How may incumbent firms benefit from advertising and product proliferation to reduce competition and sustain long term profits? Use relevant economic graphs to support your analysis. Require about 200-400 words.Summary of the Case Against Boeing