Question

2. The chief operating officer hands you the following information about market share in a competing...

2. The chief operating officer hands you the following information about market share in a competing industry:

                        Firm                                Market Share (%)

            ==================================

                        Z                                              20%

                        Y                                             12

                        X                                             10

                        W                                            6

                        V                                             3

                        U                                             2

                        T                                              2

                       

                        45 other firms                         1% each

            The COO asks you to calculate the HHI for the entire industry (all firms) and whether this industry is competitive, moderately concentrated, or highly concentrated. Calculate and show.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
There is an industry with 5 firms. There is one large firm with 80% market share,...
There is an industry with 5 firms. There is one large firm with 80% market share, three medium-sized firms with 6% market share, and one small firm with 2% market share. Calculate the Herfindahl-Hirschman Index (HHI) for this industry. Please show your work. Is this industry either highly concentrated, moderately concentrated, or not concentrated? There is an industry with 5 firms. There is one large firm with 80% market share, three medium-sized firms with 6% market share, and one small...
Consider an industry that has five firms with the following market share percentages: 40, 20, 20,...
Consider an industry that has five firms with the following market share percentages: 40, 20, 20, 10, 10. 1. Calculate the four-firm concentration ratio for this industry. Show your work. 2. Calculate the Herfindahl-Hirschman index for this industry. Show your work. 3. Calculate the number equivalent for this industry. Show your work. 4. Would this industry be considered to be highly concentrated by the Department of Justice and the Federal Trade Commission? Why or why not? 5. Suppose there was...
The Chief financial officer of Kurdishy Oil has given you the assignment of estimating the firm’s...
The Chief financial officer of Kurdishy Oil has given you the assignment of estimating the firm’s cost of capital. The present capital structure, which is considered optimal, is as follows: Market Value Debt $40 million Preferred stock 5 million Common equity 55 million The anticipated financing opportunities are: 1) Debt can be issued with a 15 percent before-tax cost. 2) Preferred stock will be $100 par, carry a dividend of 13 percent, and can be sold at $96 per share....
23. In the perfectly competitive model, what kind of products are all firms assumed to be...
23. In the perfectly competitive model, what kind of products are all firms assumed to be producing? a. identical products b. differentiated products c. well-advertised products d. unique products 27. Under what circumstance will a firm in a perfectly competitive industry expand output? a. when marginal cost is less than marginal revenue b. when marginal revenue is less than average revenue c. when marginal revenue is less than average total cost d. when marginal cost is less than average total...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of...
Read the attached articles about the proposed merger of Xerox and Fujifilm. Utilizing your knowledge of external and internal analysis, business and corporate strategy, and corporate governance, please discuss the following questions: 1. What is the corporate strategy behind the merger of Xerox and Fujifilm? 2. Why did Xerox agree to the merger? Is this a good deal for Xerox? Discuss the benefits and challenges they face with the merger. 3. Why did Fujifilm agree to the merger? Discuss the...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT