Market shares of mat makers are in the table below. Firm Market Share (Percent) Made-to-last, Inc 20 Big Wheel, Inc 17 Magic Carpet, Inc 22 Supreme, Inc 17 Copra, Inc 24 1. Calculate the Herfindahl-Hirschman Index

Q: Question 35 Suppose there are 3 firms in a market. The largest firm has sales of $60 million and…

A: The Herfindahl-Hirschman Index (HHI) is used at the marketplace to analyze the market concentration…

Q: 17. What is Brown Corp’s Herfindahl Index? Round to the nearest two decimal places. A. 0.27 B. 0.29…

A: The Herfindahl-Hirschman Index (HHI), a popular indicator of market concentration, is often used…

Q: A French Winery with upper-class expensive wines is considering entering the Indian Market, but they…

A: Answer:1

Q: Hyundai has become the fastest–growing automotive brand in the United States by strategically using…

A: Hyundais organizational culture reflects its quality improvement.

Q: The following table lists the market shares of the eight firms in an industry.  Market Shares for…

A: HHI = ∑[(Market share by firm i]2

Q: Suppose Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior…

A: a. Herfindal Hirschman index (HHI)  is a tool that is used to determine the market concentrations of…

Q: The information below sets out the estimated market shares for the cellular phone manufacturing…

A: Herfindahl- Hirschman index is used to measure competition in the market.

Q: What is the likelihood that firms would enter the market in the short-run? Use COVID-19 as a market…

A: It would be very unlikely for a firm to enter a market in the short-run especially when going…

Q: 3. Suppose we have two markets, A and B, each consisting of seven firms. The market shares of the 5…

A: A company's market share is the percentage of a company's industry's total revenues that it…

Q: (Mergers and Public Policy) Calculate the Herfindahl-Hirschman Index (HHI) for each of the following…

A: When talking about the Herfindahl-Hirschman Index (HHI), it explains the market concentration based…

Q: The 1994 market shares of the firms in the market for paper towels in the United States were:…

A: Given information In 1994 Market share for the paper towel in the US Company Market Share…

Q: Describe how a social venture might be more economically profitable than a for-profit company.…

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: You are the manager in a market composed of eight firms, each of which has a 12.5 percent market…

A: a. The premerger Herfindahl-Hirschman index (HHI) for this market can be calculated as follows:…

Q: Refer to the diagram, where the numerical data show profits in millions of dollars. Beta's profits…

A: Hey, Thank you for the question. According to our policy we can only answer 3 sub parts per…

Q: Consider the market for auto insurance. Insurers will gain some useful information about the…

A: GIVEN   the market for auto insurance. Insurers will gain some useful information about the…

Q: Classify these firms into adequate market structure and explain your classification.  Sporting and…

A: In case of sporting and athletic goods there is a limited number of buyers, a specific section of…

Q: Newmont Mining, the world’s largest producer of gold, has a problem. An Australian gold mining…

A: We talk about how to deal with bad work performance. Managing an employee's performance is…

Q: (Mergers and Public Policy) Calculate the Herfindahl- Hirschman Index (HHI) for each of the…

A:

Q: True/False 1. Suppose that an industry has 10 firms where the market shares are ordered from the…

A: In this 10 firms and their given market share data  HHI index is measured as sum of squares of all…

Q: Suppose that a small town has seven burger shops whose respective shares of the local hamburger…

A: The four-firm concentration ratio is defined asFour-firm concentration ratio =Output of four largest…

Q: Suppose that in the market for milk, market share is divided among six companies in the following…

A: The merger is the process of combining two or more firms together to form a single large one which…

Q: Forey, Inc., competes against many other firms in a highly competitive industry. Over the last…

A: Forey,Inc  is an example for perfect competitive market  characterizing a) Forey,Inc., is facing…

Q: Company Market Share Toshiba 10% Dell 10% HP 15% Sony 10% Refer to the table above, which details…

A: "The Herfindahl-Hirschman Index or HHI is used to measure the market concentration and to determine…

Q: Firm Market Share 1 3030 2 2828 3 2323 4 1010 5 44 6 33 7 11 8 11 Calculate the…

A: The HHI {Herfindahl-Hirschman index} is described as a common or usual measure of the market…

Q: Suppose that there are N = 10 firms in a market, and each of them have an equal share of the market,…

A: As per the question total number of firms are N=10 firms and share of each firm is given as Si=110.…

Q: Q12 Assume the top six firms producing random access memory (RAM) in Canada comprising the industry…

A: Given: Market share of top 6 firms are : 21,17,16,11,9,6.   Herfindahl index is given as: HI =…

Q: Draw the difference between zara business model and its direct competitors

A: a strategy for running a firm successfully, including revenue sources, target customers, products,…

Q: In a table, report proportion of the students based on mobile phone brands in your sample. Apple…

A: Below is the given table:

Q: Suppose that a small town has seven burger shops whose respective shares of the local hamburger…

A: The two measures of the degree of concentration are the four-firm concentration ratio and the…

Q: At one time Mattel proposed acquiring Fisher-Price for $1.2 billion. At the time, Mattel was a major…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: The Herfindahl index for 5 equal firms is 2000 and then a merger occurs between two of the firms and…

A: As per Herfindahl index,X=each firm market share5(x2)=2000x2=20005x2=400x=20

Q: Suppose that a small town has seven burger shops whose respective shares of the local hamburger…

A: 4 firm concentration rate (C4) = share of top 4 largest firms HHI = ∑(Share of firm j)2

Q: Suppose that a small town has seven burger shops whose respective shares of the local hamburger…

A: here we calculate the Herfindahl index  and complete the table so the calculation of the following…

Q: Suppose you know only the market shares for the top four firms in a market: 20.6%, 19.1%, 17.4%, and…

A: Herfindahl -Hirschman index is used to find the market power and market concentration of the firm.…

Q: Firms Industry 1 Industry 2 Industry 3 Industry 4 1 65 70 35 50 2 15 15 35 50 3. 10 10 30 4 Based on…

A: Herfindahl-Hirschman indexes (HHI). It computes the competitiveness of the market. It is an addition…

Q: Rayz, Inc., competes against many other firms in a highly competitive industry. Over the last…

A: Four firm concentration ratio depicts the share of market that is captured by the top 4 largest…

Q: Suppose that a small town has seven burger shops whose respective shares of the local hamburger…

A: The four firm concentration ratio is found by adding the market shares of the four largest firms.…

Q: ACTIVITY 3 1. You were given the following capital balances of the partners of thePinnacle Trading:…

A: answer is given below

Q: Carrot Computers and its competitors purchase touch screens for their tablet computers from several…

A: Part (a)The Herfindahl index is a measure of the size of firms in relation to the industry and an…

Q: The agencies generally consider markets in which the HHI is between 1,500 and 2,500 points to be…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Using the CR4, CR8, and HHI, analyze the evolution of the potential market power of firms in the…

A: The CR4, CR8 and HHI are different measures of market power. The measures like CR4 and CR8 also give…

Q: Question 29         Approximetley, how many public companies are listed on all the US exchanges?…

A: In their search for profit, stock market investors have a vast range of alternatives and tactics, as…

Q: Suppose thata small town has seven burger shops whose respective shares of the local hamburger…

A: A small town has seven burger shops whose respective shares of local hamburger market are:- 26…