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...
An industry consists of five firms with annual sales of $130,
$50, $40, $10 and $60....
An industry consists of five firms with annual sales of $130,
$50, $40, $10 and $60. What is the industry's HHI?
Table 16-2
The following table shows the total output produced by the top six
firms as...
Table 16-2
The following table shows the total output produced by the top six
firms as well as the total industry output for each
industry.
Firm
Industry J
Industry K
Industry L
Industry M
1
14,288
7,878
1,554
22,987
2
12,128
7,242
1,486
21,444
3
11,192
5,321
1,294
18,787
4
3,245
4,900
1,287
16,454
5
2,442
4,526
911
12,890
6
1,004
3,800
745
10,045
Total
55,050
70,250
7,340
198,400
Refer to Table 16-2. Which industry is the least
competitive?
A)...
6 firms makeup most of an industry and have the
following market shares:
A 25
B...
6 firms makeup most of an industry and have the
following market shares:
A 25
B 20
C 20
D 15
E 10
F 5
Firm B wants to acquire Firm E.
Calculate the Herfindahl-Hirschman Index (HHI), showing
all work, given present market shares.
Calculate the Herfindahl-Hirschman Index (HHI), showing
all work, assuming Firm B acquires Firm E.
Will the Department of Justice likely approve this
acquisition? Why?
The following table gives the actual sales data and the 3-month
moving average forecast. Calculate MAD,...
The following table gives the actual sales data and the 3-month
moving average forecast. Calculate MAD, MSE, and MAPE for the
forecast. Week Sales (cases) 3 week Moving average
1 22
2 24
3 29
4 31
5 19
6 30
An industry is comprised of five firms with sales of $4 million,
$5 million, $3.5 million,...
An industry is comprised of five firms with sales of $4 million,
$5 million, $3.5 million, $6 million, and $2.5 million. What is the
HHI? Round to the nearest unit.
2,099
2,166
1,964
2,248
2,047