Industry X is less competitive, and the price competition in X will be longer than in Y. The firms in both industries are monopolistically competitive.
Four-firm concentration ratios (C4) and the Herfindahl-Hirschman Index (HHI) are tools for evaluating market concentration in microeconomics. C4 measures the combined market share of the four largest firms in a market. The HHI is calculated by summing the squares of the individual firms' market shares. It ranges from zero to 10,000, with higher scores indicating greater concentration. In this case, Industries X and Y have equal four-firm concentration ratios of 63%. However, the Hertindahl Index for Industry X is 1273, while that for Industry Y is 1197. This implies that Industry X has greater market power than Industry Y, despite their equal C4 ratios.
Market power refers to a firm's ability to manipulate prices and output in a market. Firms with higher market power can charge higher prices and reduce output to maximize their profits. A high HHI score indicates that the market is more concentrated, making it easier for firms to exercise market power. Therefore, Industry X is likely more concentrated than Industry Y, giving its firms greater market power.
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use the table and proivded and explain the law of diminshing returns
plz help asap
Answer:
The law of diminishing returns states that at some point, the amount of additional output per amount of additional input decreases more and more as more inputs are used. In other words, at some point the marginal product will continuously decrease with more labor (input).
This is reflected in the table, where marginal product decreases past 2 units of labor. At 2 units, the marginal product is 14. This reduces to 6 at 3 units, and further to 2 with 12 units of labor.
Explanation:
state five Forest reserve in Ghana
Answer:
Akrabong, Obotoumfo, Abasumba, Ahirasu Nos one and two
although we cannot eliminate the encounter with death that accompanies disaster, steps can be taken to reduce its impact, preserve life and demonstrate
We cannot eliminate the encounter with death that accompanies disaster, spthese steps an be taken to reduce its impact, preserve life and demonstrate:
1. Preparedness: Planning and preparing for disasters can help reduce the impact of death and destruction. This includes having emergency plans in place, stocking up on necessary supplies, and conducting emergency drills to ensure that everyone knows what to do in the event of a disaster.
2. Early warning systems: Early warning systems can provide advance notice of impending disasters, allowing people to evacuate or take other necessary precautions to minimize the risk of death and injury.
3. Rescue and evacuation: Swift and organized rescue efforts can save lives and reduce the impact of disasters. This may involve search and rescue teams, medical personnel, and emergency responders working together to evacuate people from affected areas and provide them with medical attention.
4. Relief and recovery efforts: Providing relief and recovery efforts such as food, water, shelter, and medical aid can help alleviate suffering and prevent further loss of life.
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Which of the following factors would make the demand for a good elastic?
The good is a necessity.
The consumer does not have much time to shop for alternatives.
The good has many substitutes.
The good is only produced by one company, a monopoly.
Answer:
The god has manmyuuuu substitustes
Explanation:
Who knows about the College called.. IAP ?
Would you guys recommend it, or not?
Because right now, I’m in high school but I’m almost going to graduate. And there’s so many ppl that I know that want to go to community colleges and so I don’t know what to do because what I want to do, you don’t need a degree and the college that I want to go to, you are there part time, either online or in person but the problem is .. how do I know if it’s a scam or not? Because the answer is I don’t. I’ve been wanting to go here because you can get whatever course you want done fast and they help you get the job that you want ASAP, which it’s like 6-12 weeks to complete your courses. And the other reason why I want to go here is because it’s a fair price for each course you want to take. It makes sense though I guess because all of those courses for that college, you don’t need a degree but they help you get the job that you want after you take those courses, and I think that’s cool but.. like I said, I don’t know if it’s a scam or not. That’s why I’m asking on here (lol) because people that I know, family, and my friends, no one knows about this college and I don’t want to get my hopes up knowing if it’s a scam, why even try getting into this college. If I make sense. Hope you guys can help me out. It’ll mean a lot, thank you :) .
Also, I give Brainliest for whoever wants it!
Please no links
by paying college students a subsidy equal to the external benefit from a college education, the government will cause students to internalize the externality. that is, the external benefit from a college education will become a
By paying college students a subsidy equal to the external benefit from a college education, the government will cause students to internalize the externality.
That is, the external benefit from a college education will become an internal benefit for the individual students. Currently, individuals who invest in higher education receive both private benefits, such as higher wages and job opportunities, and external benefits, such as increased economic growth and social benefits.
The external benefits, however, are not accounted for in the individual decision to invest in higher education, leading to a suboptimal level of investment in higher education. By providing a subsidy equal to the external benefit, the government can incentivize individuals to invest in higher education to a socially optimal level.
The subsidy will create a positive externality for the individual, as they will receive both the private and external benefits of higher education, leading to a more efficient allocation of resources and a more educated population.
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Consider the following three scenarios:I. ABC Lawncare performed lawn maintenance services for Drake Inc. on June 1st, and received payment of $500 for those services.II. On June 1st, Melly Corp received payment for 100 pounds of raw material to be delivered to Drake Inc. in 6 months.III. Lodo, LLC collected cash on June 1st for services rendered on May 1st.Given these scenarios, revenue cannot be recognized on June 1st for:
Answer:
Scenario IIScenario IIIExplanation:
The Accrual basis is used in Accounting which means that when it comes to revenue, it can only be recognized in the period that it is earned.
Scenario II cannot be recognized on June 1st because it is for goods to be delivered in 6 months. As the goods have not been delivered, the revenue has not be earned so will not be recognized.
Scenario III cannot be recognized on June 1st as well because it was for work done in May which means that it was earned in May. It is to be recognized as revenue earned in May, not in June.
some firms like financial services firms do not have physical inventory and so must rely on _______ _______ management.
Some firms like financial services firms do not have physical inventory and so must rely on service process management.
What is inventory management in financial management?Tracking inventory from producers to warehouses and from these locations to a point of sale is inventory management, a crucial component of the supply chain. Having the right products at the right location at the right time is the aim of inventory management.
Companies that use the zero inventory strategy aim to maintain little to no goods on hand. Ordering exactly what will be sold and receiving products into stock as needed are the goals of zero inventory.
Thus, it is service process management.
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The normal sequence of documents and operations on a well-prepared systems flowchart is: Mutiple Choice a. top to bottom and left to right. b. bottom to top and left to right. c. top to bottom and right to left. d. bottom to top and right to loft.
The normal sequence of documents and operations on a well-prepared systems flowchart is top to bottom and left to right. The correct answer is option (a). The flowchart begins with the starting point at the top of the chart and the endpoint at the bottom of the chart.
As the process moves from start to end, the steps should be described from left to right. This allows the chart to be read and interpreted easily and accurately.Following the proper sequence allows the chart to be easy to read and use, and helps prevent mistakes that can occur if the sequence is not followed.
It is important to prepare a systems flowchart before implementing a new system or making significant changes to an existing system. This ensures that the process is thoroughly thought out and that all aspects of the process are included.Hence, option (a) is the correct answer.
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Market failure associated with the free-rider problem is a result of.
Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
What is market failure?Market failure refers to a situation when there's an inefficient distribution of resources in the market.
Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.
Hence, market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
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Consider a CDS on Lehman Brothers default event. Given today's market conditions you know that the present value of expected premium payments 6.0250*s, the present value of expected accrual payments is 0.0515*s and the present value of expected payoff is 0.1398. All measured per $1 of notional principal. You also know that Argo hedge fund bought this CDS on Lehman Brothers default from AIG one week ago with contractual rate of X basis points per year. Given this information the breakeven spread (i.e. the value of s) is__________and today's value of the CDS contract to AIG is negative if the value of s is _____________than X a. 230 basis points; greater b. 43 basis points; smaller c. 234 basis points; greater d. 230 basis points; smaller e. 43 basis points; greater
The breakeven spread for the CDS contract on Lehman Brothers is 234 basis points, and today's value of the contract to AIG is negative if the value of s is greater than 230 basis points.
The breakeven spread represents the level at which the present value of expected premium payments, expected accrual payments, and the expected payoff are equal to the present value of the CDS contract. In this case, the present value of expected premium payments is given as 6.0250s, the present value of expected accrual payments is 0.0515s, and the present value of the expected payoff is 0.1398.
To find the breakeven spread, we need to determine the value of s that satisfies the equation: 6.0250s + 0.0515s + 0.1398 = 1.
Solving this equation, we find s ≈ 0.234, which corresponds to 234 basis points.
Next, we need to determine the value of s at which the CDS contract's value to AIG becomes negative. Since the contract's value is negative when the present value of expected premium payments, expected accrual payments, and the expected payoff is less than the present value of the CDS contract, we can set up the inequality: 6.0250s + 0.0515s + 0.1398 < 1.
Simplifying the inequality, we have 6.0765s + 0.1398 < 1.
Solving for s, we find s < 0.230, which corresponds to 230 basis points.
Therefore, the correct answer is option c: 234 basis points for the breakeven spread, and option d: smaller than 230 basis points for today's value of the CDS contract to AIG to be negative.
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Productivity should be a concern of every business organization. how should productivity be defined?
Productivity is a measure of business performance that contrasts the quantity of products and services generated (output) with the quantity of capital, labor, materials, energy, etc. required (input) to produce those goods and services. Moreover, it determines how efficiently work is done over a specific period of time.
Productivity is a major concern of every business organization as higher productivity levels in a workplace lead to a healthier working environment. Also, the increased productivity levels generate higher profits that boosts the success of the business organization in competitive markets.
Similarly, when productivity neglects to develop altogether, it limits expected gains in compensation, corporate benefits, and expectations for everyday comforts.
Thus, productivity is a measure of business performance that determines how efficiently it converts inputs (labor and capital) into outputs (goods or services).
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Are you going to get Paramount plus?
Yes, every CBS All Access subscriber will be automatically transitioned to Paramount+. An automatic update should upgrade the CBS All Access app to the new Paramount+ app early Thursday, but if that hasn’t happened, you can run a manual update on your device.
what to do when unemployment benefits are exhausted?
Explanation: If a claimant's traditional unemployment benefits have been exhausted or a traditional claim has expired, individuals must file a new claim or reopen an existing claim to be determined for eligibility or to continue receiving benefits to which they may be entitled.
What are agents, software, or businesses that provide a trading infrastructure to bring buyers and sellers together
Brokerage Firms exist to help their clients find the right buyer and seller for a transactions by bringing them together at the best price for every party, all while taking a commission for your services.
What is Brokerage Firm?An intermediary who brings together buyers and sellers to finish a transaction for company shares, bonds, choices, and other investment vehicles is known as a brokerage business or brokerage company. Once the transaction is completed, commissions or fees are levied as payment to the broker.
In a number of situations, such as investing, borrowing the money, and purchasing real estate, a brokerage provides intermediary services. Brokers act as middlemen to facilitate transactions between buyers and sellers. A broker might be a person or a business.
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Alex purchases a computer from dell to be delivered via fed ex. Dell delivers the computer to fed ex to be shipped to alex. During the delivery, the fed ex driver is having a bad day and just throws the boxes out the window of the delivery truck rather than setting the box by the front door as is standard practice. While throwing the computer it is damaged. Would dell be responsible for the damage to the computer?.
No, Dell will not be responsible for the damage to the computer because the title transfers to the buyer once the good is delivered to a common carrier.
When we make a purchase from a brand, such as Dell, they change the title to the one who bought the product at the time when they send out a product for delivery.
Usually, for delicate products, it is the responsibility of the delivery company to take care of the product. Other delivery companies take extra charges for the delivery of delicate products and take extra charges.
Hence, in the above scenario, Dell will not be responsible for the damage of the computer. It would be upon fed ex to either accept the damage if care was asked for during delivery of Alex will be responsible for the damage.
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Advertisers who simply want to build awareness may purchase online advertising from small websites that sell ads directly. They are likely to use which performance measure?.
Advertisers who simply want to build awareness may purchase online advertising from small websites that sell ads directly. They are likely to use FANBASE.
Fanbase is a social networking platform with a subscription model that aids users in making money from the material they provide. The heart of your company is its workforce. Building connections with others encourages loyalty. Loyalty therefore has the potential to boost revenue.
Creating a fan base is a great approach to begin interacting with individuals who have similar interests. Positive marketing and consumer interaction tactics are effective because they sell. Fans' comments on your postings, however, are now more than just user-generated marketing materials. Users expect a brand reaction at this interactive user touchpoint, which is active. If you don't answer, you're actively losing money in addition to degrading the user experience.
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How can a company with multiple products compute its breakeven point?
To compute the breakeven point for a company with multiple products, you need to consider the contribution margin for each product and the overall fixed costs of the company.
The contribution margin represents the amount of revenue from each product that contributes towards covering the fixed costs and generating profit. Here are the steps to compute the breakeven point:
1. Determine the contribution margin for each product: The contribution margin is calculated by subtracting the variable costs associated with producing and selling each product from the product's selling price. This represents the amount available to cover the fixed costs and contribute to profit.
2. Calculate the weighted average contribution margin: Multiply the contribution margin of each product by its respective sales mix (proportion of total sales represented by each product). Sum up these weighted contribution margins to get the overall contribution margin for the company.
3. Determine the total fixed costs: Identify the fixed costs that are not associated with specific products but are incurred by the company as a whole. This includes expenses like rent, salaries, utilities, and administrative costs.
4. Compute the breakeven point in units: Divide the total fixed costs by the weighted average contribution margin. This will give you the number of units the company needs to sell in order to cover its fixed costs and reach the breakeven point.
5. Compute the breakeven point in sales revenue: Multiply the breakeven point in units by the average selling price of the products. This will give you the sales revenue needed to reach the breakeven point.
By calculating the breakeven point, the company can assess how many units or how much sales revenue it needs to cover its fixed costs and start generating profit. It helps in decision-making related to pricing strategies, cost management, and sales targets. However, it's important to regularly review and update these calculations as business conditions, costs, and sales mix can change over time.
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Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?
Answer:
i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.
Explanation:
hope this help.
brainiest please
Answer:
I hope this helps :)
Explanation:
Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.
Explain your approach in energy audits in third world countries. In your explanation give give evidence how other countries and companies have implemented the need for energy audits as a business. Also SWOT analysis of implementing energy audits in countries
The strategy is to increase awareness, set policies, develop capacity, carry out pilot projects, give financial support, and track results. Examples include mandated energy audit programmes in the UK and Germany.
Global energy audit services are provided by businesses like Siemens and Schneider Electric. SWOT evaluation Cost savings and sustainability are its strengths. Lack of knowledge and resources are its weaknesses. Opportunities to bring in investments and achieve goals; Resistance and political instability are threats. Energy audits have the potential to increase energy efficiency and sustainability, but overcoming obstacles calls for all-encompassing policies and cooperation between national and international agencies.
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Next
Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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Why could the invention of new technology lead to new business ideas?
Answer:
Why could the invention of new technology lead to new business ideas?
Explanation:
What might be an advantage of using credit
D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?
Answer:
Explanation:
a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.
b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.
Answer:
Explanation:
compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.
perfectly competitive firms are better for consumer
govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.
How long do cross-departmental teams work together?
Answer:
First, department heads should be modeling cross-departmental collaboration by regularly and visibly engaging with each other – and with each other’s teams. If they notice that their department is becoming too isolated or is hesitant to collaborate with others, these leaders should be the first to start building bridges, and not just directing others to do so. Second, you need a mechanism in place to effectively collect employee feedback, in a way that makes employees feel safe from any negative consequences for speaking up.
Explanation:
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on january 1, 2019, broker corp. issued $4,000,000 par value 12%, 10-year bonds which pay interest each december 31. if the market rate of interest was 14%, what was the issue price of the bonds? (the present value factor for $1 in 10 periods at 12% is 0.3220 and at 14% is 0.2697. the present value of an annuity of $1 factor for 10 periods at 12% is 5.6502 and at 14% is 5.2161.)
The issue price of the bonds was approximately $3,583,264.80
To calculate the issue price of the bonds, we need to determine the present value of the bond's future cash flows using the given interest rates and present value factors.
The par value of the bonds is $4,000,000, and the annual interest rate is 12%. The bonds have a 10-year maturity and pay interest annually.
First, let's calculate the present value of the bond's future cash flows using the market rate of interest of 14%:
Calculate the present value of the annual interest payments:
Annual interest payment = Par value × Annual interest rate = $4,000,000 × 12% = $480,000
Present value factor for an annuity of $1 in 10 periods at 14% = 5.2161
Present value of the annuity of interest payments = Annual interest payment × Present value factor = $480,000 × 5.2161 = $2,504,464.80
Calculate the present value of the bond's face value (par value):
Par value = $4,000,000
Present value factor for $1 in 10 periods at 14% = 0.2697
Present value of the face value = Par value × Present value factor = $4,000,000 × 0.2697 = $1,078,800
Calculate the issue price of the bonds:
Issue price = Present value of the annuity of interest payments + Present value of the face value
= $2,504,464.80 + $1,078,800
= $3,583,264.80
Therefore, the issue price of the bonds was approximately $3,583,264.80.
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Braedon’s employer is requiring his employees to work ten-hour days for the next week, starting on April 10th. In which workplace is Braedon most likely working?
a mortgage company
a credit union
a tax preparation office
an insurance company
Answer:
C
Explanation:
I got it correct
A network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Answer:
Firewall.
Explanation:
Firewall can be defined as a network security device that monitors incoming and outgoing network traffic and decides whether to allow or block specific traffic based on a defined set of security rules.
Simply stated, a firewall is a network security protocol that monitors and controls inbound and outbound traffic based on set aside security rules.
A firewall is used to control access to a computer or network, as it creates a barrier between a computer or a network and the internet in order to protect against unauthorized access.
Basically, it is a network security device or security system pre-installed on most computers to essentially inspect data being transmitted to or from a computer.
Hence, firewalls are typically bidirectional, it checks all sent and received data and only allow authorized traffic through.
Answer:
Firewall.
Explanation:
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answered
Sita and Zoya are two friends
belonging to Hindu and Muslim
religion. They start a
business of handicrafts together. They decide to
open the factory in rural area and give
employment opportunities to local residents.
a) Which form of business organisation have they
opted?
1 SEE ANSWER
They have chosen the partnership business structure:
Describe a partnership:In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
What is a partnership and what are its benefits?If there are less than 20 people involved and restricted liability is not required, think about forming a partnership. One benefit of a cooperation is that: Two or more heads are preferable to one. Your company is simple to launch and has modest startup expenses. The business has access to extra funding.
Briefing:In small- and medium-sized businesses, partnerships are a common type of company structure. One individual is unable to manage the growing scale of the company on their own. Therefore, a partnership between two or more people is formed to conduct business. The issue with sole proprietorships is beginning to be solved by this type of firm.
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Interviewers asked Jeff to discuss a time when he demonstrated adaptability at his job. What is the MOST appropriate response for Jeff to give?
A.
Because I am introverted, I was able to work by myself for most of the day.
B.
When our old software no longer worked, I came up with a new system that could help us meet our goals.
C.
I consistently communicated well by writing very detailed emails to my colleagues.
D.
My emotional intelligence is so high that I can usually tell what everyone in a room is feeling.
Answer:
B. When our old software no longer worked, I came u with a new system that could help us meet our goal.
Explanation:
When the old software didn't work, Jeff adapted to the situation and created new software for the company so that the company could continue on with its work and achieve their goal.