Business, 23.08.2019 16:20 caliharris123
Suppose there are seven firms in a market where the three largest firms supply 20% of the market. the other four firms supply 10% of the market, clearing quantity. what is the firm concentration ratio (i. e., the share of total sales controlled by the five largest firms in the market)?
Answers: 2
Business, 22.06.2019 01:00, allisonklinger1786
Need with my trade theory homework. i doubt what i wrote was right. consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?
Answers: 1
Business, 22.06.2019 09:00, nadiarose6345
Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?
Answers: 2
Suppose there are seven firms in a market where the three largest firms supply 20% of the market. th...
Mathematics, 29.04.2021 02:20
English, 29.04.2021 02:20
Law, 29.04.2021 02:20
Social Studies, 29.04.2021 02:20