What would the four-firm concentration ratio be

Assignment Help Macroeconomics
Reference no: EM13224885

Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers in your area?

In that same situation, what would the four-firm concentration ratio be?

Reference no: EM13224885

Questions Cloud

Discuss supply factors of economic growth pertinent : Given the products below and the events that affect them, indicate what happens to demand or supply, and the equilibrium price and quantity in a competitive market. Identify the determinant of demand or supply that causes the shift.
Does the eoq increase or decrease : Does the EOQ increase or decrease if estimates of setup (order) costs include fixed, semi-variable, and pure variable costs while inventory-holding costs include only pure variable costs? Vice versa? What are the implications? Explain.
Explain how the marketing opportunity would reflect : Explain how the marketing opportunity would reflect upon the firm. Would it have a positive or negative public relations effect on the firm? Would it result in great financial improvements, or only a minor improvement?
How would the increase in defense affect the economy : Suppose that in response to a foreign crisis, the government increases defense spending by $50 billion. How would the increase in defense affect the economy How would the effects differ depending on the size and sign of the output gap when the cri..
What would the four-firm concentration ratio be : Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car deal..
Strategic alliance be in the growth of the company : How could UTV become an Rs5 billion company by 2008 and an Rs10 billion company by 2010? What could the role of the strategic alliance be in the growth of the company?
What average price change per year for the entire 10-year : An economist has predicted that for the next 5 years the U.S. will have an 8% annual inflation rate, followed by 5 year at a 6% inflation rate. this is equivalent to what average price change per year for the entire 10-year period
Compute the mass of khp : calculate the mass of KHP(KHC8H4O4) needed to react completely with 25 mL of a 0.10 M NaOH solution?
Determine the breakeven output and total sales revenues : a). Determine the breakeven output and total sales revenues and draw the cost-volume-profit chart, and b). determine the output that would generate a total profit of $60,000 and the total sales revenues at the output level; draw the cost-volume-pr..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Quantity demanded divided by the percentage

The percentage changes in quantity demanded divided by the percentage change in price.

  Illustrate what is the price elasticity of demand faced

Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.

  Calculating equilibrium output and profits

Two companies produce the same product. The firm's each determine their own output and the combined output of the two is sold at the market price.

  Who are the losers in the ho model

In the Ricardian model, everyone seems to benefit from trade. However, the Heckscher-Ohlin model seems to show that some lose from trade as well. Who are the losers in the HO model and how do they not benefit from trade

  Should the monopolist try to deter entry by setting a limit

Now suppose that the monopolist fears entry, but thinks that other firms could produce the product at a cost of $15 per unit (constant marginal and average cost) and that many firms could potentially enter. How could the monopolist list attempts t..

  Describe the current general interest rates

Describe the current general interest rates. Is the current interest level one that promotes or retards growth in the economy.

  Determine the profit-maximizing output and price

Determine the profit-maximizing output and price. b. Calculate profits and deadweight loss. c. If this was a monopolistically competitive firm, would your answer in parts a and b change.if this was a monopolistically competitive firm, what would happ..

  Graphically representation of isoquant

Graph the isoquant that these calculations imply. Explain in very clear and complete terms why the isoquant has the shape that you observe.

  What is the inherent value of conducting ratio analysis

If asked to provide your professonal opinion on a company's ability to maintain operations and its solvency into the future, what questions might you ask, what ratios might you calculate, and what analysis might you conduct to support your opinion

  Comparitive advantage for two countries

Assume labor is the only cost of production and labor coefficients (hours of labor required per unit of output) in MACONDO and KRYPTON for each good are as follows:

  Determine total output per week in the economy

Select an economy that initially has a labor force of 2000 employees. Of these employees, 1900 are employed and each works forty hours per week. Ten units of output are produced by each hour of labor.

  Dilomatic tensions over the war with iraq also patriotic led

Dilomatic tensions over the war with Iraq also patriotic fervor led the state legislature in South Carolina to initiate a resolution boycotting French products.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd