In the market for bottled water, fresh springs has a 30 percent share of the market, swiss springs has a 27 percent share, l'eau de france has a 13 percent share, and mountain water has a 10 percent share. the rest of the market consists of 20 firms with a 1 percent share of the market each. what is the value of the herfindahl-hirschman index

Answers

Answer 1

The value of the Herfindahl-Hirschman Index, calculated for the market for bottled water, is 2,298.

What is the Herfindahl–Hirschman Index?

The Herfindahl–Hirschman Index, HHI, is a commonly accepted measure of market concentration and competitiveness.

The HHI is calculated by squaring the market share of each competing firm and then summing the resulting numbers.

Data and Calculations:

Product           Market Share     Squared Market Share

Fresh springs         30%                    900(30% x 30%)

Swiss springs         27%                    729 (27% x 27%)

L'eau de France      13%                    169 (13% x 13%)

Mountain water      10%                    100 (10% x 10%)

Rest of market       20%                   400 (20% x 20%)

Sum of squared market share =    2,298

Thus, the value of the Herfindahl-Hirschman Index is 2,298, reflecting a low market concentration.

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Related Questions

In market economies, firms rarely worry about the availability of inputs to produce their products, whereas in command economies input availability is a constant concern. This is because multiple choice in command economies, no market-pricing mechanism exists to incentivize resource suppliers to increase resource availability when a shortage occurs. in market economies, buyers of inputs can choose what price they are willing to pay for the inputs. in market economies, buyers of inputs know that consumers want to purchase the product. in command economies, input availability is determined by central planners who may not correctly respond to consumer demand

Answers

In market economies, firms rarely worry about the availability of inputs to produce their products because, in market economies, buyers of inputs know that consumers want to purchase the product.

What is a market economy?

A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.

In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.

Therefore, C is the correct option.

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5. Price changes affect supply and demand and supply and demand can affect price. O True False​

Answers

Answer:

true

Explanation:

that is what is happening to us right now.

Imogene loves to travel and communicate with other people. she is very patriotic and believes in helping and protecting others. which two career pathways is imogene best suited for? planning and taxation taxation and national security planning and governance national security and governance

Answers

The  two career pathways that imogene is best suited for is: National Security and Governance.

What is National Security and Governance?

National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.

Based on the scenario given Imogene should go choose  National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.

Therefore The  two career pathways that imogene is best suited for is: National Security and Governance.

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Answer:

the answer is D

Explanation:

i got it right :D

Taking control of admin functionality and misusing sensitive data that are unauthorized to access are due to:.

Answers

Taking control of admin functionality and misusing sensitive data that are unauthorized to access are due to:. Broken access.

What is admin functionality?

This has to do with all of the functions that are associated with a person that is in charge of the data in the organization.

Hackers may taken over the access of a sensitive information and use it for the wrong purposes.

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When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should:

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When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should issue an opinion that is unmodified.

What is GAAP?

The full form of the GAAP is Generally Accepted Accounting Principles in which the rules and regulations related to the financial accounting are written.

In the above case in which the Non public company is affected by the departure of the material then the auditors must issue the an opinion that is unmodified.

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A luxury-home designer has built a dishwasher that is connected to a cabinet and uses mechanical arms to pick up clean dishes and move them into the cabinet. Many consumers love the product, but they say they it is too expensive. Nevertheless, the company has tested the product in many situations and found that it never breaks a dish. What issue does the designer most likely need to improve in order for the dishwasher to be a good product to sell

Answers

The issue the designer most likely need to improve in order for the dishwasher to be a good product to sell is: Cost effective and should be of good quality.

Cost effective

Since the dish washer is of good quality  and does not breaks  dish. What the designer need to improve on is to make the dish washer  affordable for people.

Reason being that consumers love the product but they say the product is expensive.

Therefore the product should be cost effective.

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Answer:

C. affordability

Explanation:

D  was  wrong on the quiz

The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources businesses sell resources and households sell goods and services businesses sell goods and services and households buy goods and services businesses sell resources and households buy goods and services

Answers

The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.

What is a product market?

A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).

This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.

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An earthquake in Japan destroys an automobile factory. In response, the United States exports more automobiles at a time when the American economy is at full employment. What could the U.S Government do in order to reduce inflationary pressures on the U.S economy

Answers

Government could adopt the unorthodox fiscal and monetary policies in order to reduce the inflationary pressures on the U.S.

What changes could be made by adopting the unorthodox fiscal and monetary policies?

Fiscal policy could bring the change in the spending of the government and taxation as well.

Monetary policy also impact the supply of the money in an economy, in the condition of the increased employment.

These two policy could be adopted by the government, as it influence the employment and household income.

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Consider the information below for an individual:
Home valued at $250,000
Mortgage balance of $150,000
Auto worth $25,000
$15,000 auto loan
New household furnishings valued at $5,000
$4.500 loan for furniture
Retirement account of $45,000
$1,500 in emergency savings
$500 in checking
$1500 in a CD
$15,000 credit cards balances
$500 per month for student loans; current balance is $25,000
$100 per month gym membership
Using the information above, respond to all of the following:

1. Determine this individual's net worth. Explain.

2. Identify any expenses that are not liabilities.

3.Assume this individual decides to create a budget. What are the two components of a budget?

4.Assume this individual's friend decides to pursue postsecondary education. What are two types of financial aid that the friend could apply for that do not have to be repaid?

Answers

1. This individual's net worth is $119,000 ($328,500 - $209,500).

2. The non-liability payment is $100 per month for a gym membership.

What is a person's net worth?

An individual's net worth is the difference between the assets and the liabilities.

The net worth can be positive (when the assets are worth more than the liabilities) or negative (when the liabilities are worth more than the assets).

Data and Calculations:

                                                        Assets             Liabilities

Home value                                 $250,000          $150,000

Auto                                               $25,000            $15,000

New household furnishings           $5,000             $4,500

Retirement account                     $45,000

Emergency savings                        $1,500

Checking account                            $500

CD                                                   $1,500

Credit cards balances                                             $15,000

Student loans                                                         $25,000

Totals                                        $328,500          $209,500

3. Thus, the two components of this individual's budget are assets and liabilities.

4. The two types of financial aid that the friend could apply for without repayment are grants or scholarships.

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If your credit card is lost, the first step you should take is: a) Report your card as lost or stolen to your credit card company b) Retrace your steps to see if you can find it c) Call all the stores you shop in to see they found it d) None of the above

Answers

Answer:

you should report your card stolen are missing because if you do not do it right then and there some one could use it so it is best you do that.

Traditionally, business leaders have played a prominent role in the political culture in Texas. When thinking about the business leaders and business concerns that influence Texas politics, we are referring to

Answers

Business interests are the business leaders and business concerns that influence Texas politics.

What is Business interests?

Business interest is the involvement of the family business, from which a person sees from the birth and has their personal interest in that. Business interest also drives from the parent's and cultural area where the Pearson has grown.

Thus, it is business interest.

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A current liability is an obligation that requires the use of an existing asset or the creation of another current liability:

Answers

Answer:

current liability is as obligation that must be settled over a short period of time


Which type of investment would be an example of an
investment at point B?
* a US savings bond
O a CD
O a stock
O a savings account

Answers

A SAVINGS ACCOUNT is an example of an investment

Interview a business owner/manager on the crisis experienced in a workplace

Answers

The steps that owner/manager can deal with the crisis experienced in the workplace includes:

identifying issuedealing with ittimely communicationalways be preparedlearning from experience

What are workplace crises?

These refers to the series of problem that arises at the workplace such as worker shortage, work de-motivation, anonymous accusations, bribery, computer tampering, loss of data etc.

Sometime, the management of workplace crises can impact the manager's performance as well if proper care are not exercised.

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________ is a corporate-level strategy that involves a company entering an industry it was previously not associated with in order to produce and distribute new kinds of goods and services.

Answers

Answer:

Backward vertical integration

Explanation:

Brainliest please? I'm only one away from next rank

A manufacturing company has a pay structure based on job descriptions. As the company moves toward customizing production to meet customers' specific needs, it finds that managers are lacking flexibility in both job assignments as well as awarding pay increases to their employees. It has decided to reduce the number of levels in their job structure in order to increase their flexibility. This is called

Answers

Reducing levels in job structure in order to increase their flexibility is job enrichment.

What is Job enrichment?

Job enrichment involves creating challenges to make work more interesting, and increasing the skills required to carry out jobs that will ultimately lead to higher pay.

However, Job enlargement is raising the scope of work at a particular Job level.

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Lincoln, a bank financial manager, always attempts to treat each subordinate with respect and fairness. Lincoln's treatment of employees is an example of Fayol's principle of

Answers

Lincoln's treatment of employees is an example of Fayol's principle of equity.

What is equity?

It should be noted that equity simply refers to the principle of being fair in what one does.

In this case, the bank financial manager, always attempts to treat each subordinate with respect and fairness. Therefore, the principle of equity is illustrated.

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The bottom-up approach to calculating OCF starts with Blank______. Multiple choice question. depreciation net income total sales tax liability

Answers

The bottom-up approach to calculating OCF starts with net income. Thus the 2nd option is correct.

What is OCF?

The full form OCF is Operating cash flow which refers to the generation of the cash during the normal course of the business. It involves the cash generated by the company through the operating activities.

The operating cash flow is calculated through total revenue or the income of the company minus the operating expenses of the company. In order to calculate the operating cash flow all the operating expenses must be deducted.

Thus the 2nd option is correct.

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Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him. He was bothered by their insistence that he modify the game by including a popular product's logo on the clothing of his main character. In this example, Kyle is concerned about the practice of ________.

Answers

"Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him...." Kyle is concerned about the practice of advergaming. This is further explained below.

What is advergaming?

Generally, advergaming is simply defined as Advergaming refers to the practice of using video games to promote real-world businesses and goods.

In conclusion, "Kyle fantasized of being able to program anything electronically. He developed a new video game, and a huge corporation wanted to acquire it...." Kyle has reservations about the practice of advertisement gaming.

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A local business provides career training for young adults entering the workforce directly from high school. Which economic question has the business answered by
focusing on recent high school graduates?

Answers

The economic question that the business has answered by focusing on recent high school graduates is for whom to produce.

What is an economic question?

It should be noted that an economic question simply means a question that van be used to answer a particular economic issue.

In this case, the economic question that the business has answered by focusing on recent high school graduates is for whom to produce.

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Answer:

A.  For whom to produce?

Explanation:

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is

Answers

As per the given question, the net cash provided by operating activities for the year is $33,000.

What is net income?

Net Income refers to the sales minus cost of goods sold and other operating expenses.

The net cash provided by operating activities for the year is $33,000 (35,000+8,000-7,000-3,000).

Therefore, Net cash provided by operating activities for the year is $33,000.

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Type the correct answer in the box. Spell all words correctly.


Identify the art of advertising that the given scenario portrays.


Jim is renovating his boutique. He wants to redo the display area of his store. Jim is paying special attention to the placement of the merchandise throughout the store. He wants to display it in a creative, aesthetically pleasing manner to attract customers. Jim is engaging in________.
.

Answers

Answer: visual merchandising

Explanation: edmentum

write about the role of veterinarian in commercial milk and meat production.​

Answers

Veterinarians provide livestock producers with information, advice and training on how to avoid, or control food safety hazards.

Who is a veterinarian?

A veterinarian is a medical professional who practices veterinary medicine. They manage a wide range of health conditions and injuries in non-human animals.

In this case, veterinarians also provide livestock producers with information, advice and training on how to avoid, eliminate or control food safety hazards.

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Which is an example of a fixed expense?

oa. monthly grocery bill
ob. line of credit payments
oc. atm withdrawal fees
od. digital entertainment subscriptions

Answers

d is the answer of a fixed expense

An important social trend is the continued concern for health and well-being in the United States. This is most likely evidenced by Multiple Choice the increased sales of Cigar Aficionado magazine. the introduction of Snickers Maple Almond Butter candy bar. the opening of more Starbucks coffee boutiques in supermarkets. the upsizing of menu items at fast-food restaurants. the introduction of fitness trackers such as the Fitbit.

Answers

An important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit.

What is social trend?

It should be noted that social trend simply means

the movement of a particular trend or its growth.

In this case, an important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit

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If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materials were used and $25,000 of direct labor was required, what was the total cost of the job?

Answers

The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.

What is meant by total cost?

Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.

Given values:

Cost of direct materials: $50,000

Cost of direct labor: $25,000

Cost of overheads: $12,500 ($25,000 X 50%)

Computation of total job cost:

[tex]\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500[/tex]

Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.

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The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method which expenses an asset over a single year because capital acquisitions must be expensed in the year purchased. is required by the SEC. is used for tax purposes. must be used for financial statement purposes.

Answers

The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.

What is depreciation?

Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.

Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.

Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.

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The merchants in Dallas, Texas, suffered flood damage in May 2003. Stores were closed for remodeling nearly two months. What is this type of variation in sales called

Answers

When merchants in Dallas had to close their stores for remodelling, this type of variation is known as the irregular components.

What is an irregular variation?

An irregular variation in sales occurs when sellers change the quantity of things they sell as a result of an unexpected event.

In this case, sellers stopped selling because they had an irregular event when a flood damaged their stores.

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identify the statement in the passage that reflects unethical behavior.


judy had been working as a manager at a company that manufactured mobile phones. over the past couple of years, her company smartphone market. judy created a six-month plan that could potentially revive her company and make it one of the top players in she suggested that all the technical employees, such as the product developers and software engineers, be asked to sign contract: contracts, the employees would be bound by a confidentiality agreement stating that they couldn't discuss the company's technolc she also created a plan where the quality standards of the company would be brought up to industry standards. she suggested hi professionals to oversee the current quality standards. she created a price plan where her company would sell their phones at a much lower price to push the competition out of the mal the prices once it had control of the market. finally, she drafted a post-sales service policy where customers would be asked if they wanted to acquire full insurance coverage f company).

Answers

The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision

What is unethical behavior?

Unethical behavior are behavior by an employee that is against the ethics of the company.

Each organization has a guide that helps in regulating the company.

Therefore,The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision

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Answer:

she created a price plan where her company would sell their phones at a much lower price to push the competition out of the way.

Explanation:

plato

Layton Company purchased tool sharpening equipment on October 1, 2012, for $108,000. The equipment was expected to have a useful life of three years, or 12,000 operating hours, and a residual value of $7,200. The equipment was used for 1,350 hours during 2012, 4,200 hours in 2013, 3,650 hours in 2014, and 2,800 hours in 2015.Required: Determine the amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, by:(a) the straight-line method,(b) units-of-output method, and(c) the double-declining-balance method.Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

Answers

The amount of depreciation expense for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company is determined as follows:

(a) the straight-line method:

2012:    $33,600

2013:   $33,600

2014:   $33,600

2015:   $0

(b) the units-of-output method:

2012:    $11,340 (1,350 x $8.40)

2013:   $35,280 (4,200 x $8.40)

2014:   $30,660 (3,650 x $8.40)

2015:   $23,520 (2,800 x $8.40)

(c) the double-declining-balance method:

2012:    $71,993 ($108,000 x 0.6666)

2013:   $24,002 ($36,007 x 0.6666)

2014:   $4,805 ($12,005 - 7,200))

2015:   $0

Data and Calculations:

Cost of equipment = $108,000

Useful life = 3 years

Operating hours = 12,000

Residual value = $7,200

Depreciable amount = $100,800 ($108,000 - $7,200)

Straight-line depreciation rate = $33,600 per year ($100,800/3)

Units-of-output method rate = $8.40 per hour ($100,800/12,000)

Double-declining-balance method rate = 66.6666 (100/3)

Thus, the depreciation expenses for the years ended December 31, 2012, 2013, 2014, and 2015, for Layton Company have been determined using (a) the straight-line method, (b) the units-of-output method, and (c) the double-declining-balance method.

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Which phenomenon in the late 19th and early 20th centuries contributed to a change in the data on this map? A. The regulation of railroads B. Temperance C. The formation of labor unions D. Lynching A small clothing store sells 3 different types ofaccessories: 20% are scarves, 60% are ties, andthe other 40 accessories are belts. If half of theties are replaced with scarves, how many scarveswill the store have? Which of the following statements is the most likely explanation for why Japan so actively sought to claim foreign lands during its imperial period? 4.5% of what number is 46.116? PLEASE HELP ASAP. WILL GIVE BAINLIEST! How does technology influence how the types of energy sources are used? Give an example to support your answer. Read the sentence.While we could never prove it, we suspected him of duplicity, so we were never able to fully trust him despite his numerous good deeds.What is the most likely definition of "duplicity?counterfeitingcunningdeterminationdishonesty Which actions could david have taken to improve his communication on this issue? check all that apply. talk more until his parents understood him practice active listening show respect to his parents change his opinion to match that of his parents use techniques to diffuse his anger How can the modern era be distinguished from other eras in history What type of function is f(x) = 2x -14? ExponentialLogarithmicPolynomial Rational How did the Ursulines most focus on women?through educationthrough sacramentsthrough jobsthrough missions What does this statement indicate about the use of the atomic bomb in World War II? PLEASE HELP!!! WILL GIVE BRAINLIEST!!! The Artic Circle runs just south,north or west of iceland. Read the paragraph.All afternoon, my sister and I tried to convince our parents to take us to the see the latest blockbuster movie. Our parents complained that they were too tired and had too much work to do so we stepped up and helped with chores. We told them they deserved a break and that we all could use some family time. Finally, we were able to convince them to go to the movie! My sister wanted to ask if we could go out for pizza too. I told her not to rock the boat. We were lucky enough to go to the movie.What is the meaning of the proverb in the paragraph?Do not push for changes.Avoid making quick decisions.Never give up.Be respectful of others. Please solve this question, and explain how you got the answer ty There is now increasing evidence about the harmful effects of chronic inflammation in general. it is implicated in a whole series of degenerative illnesses. what diet is recommended in helping to avoid this 30% of the students in a class score an A on the last test. There are 50 students in the class. How many students scores an A on the test? The graph below shows the altitude, in feet, of a model rocket t seconds after launch. During this time, the rocketexperiences three distinct modes of flight. Initially, the engine accelerates the rocket upward. The rocket then coastsupward, is slowed by gravity, and eventually begins to fall. Last, a parachute opens and the rocket drifts smoothlyback to the ground.1.00020020Time after Launch (seconds)When was the model rocket 600 feet above the ground?4.5 seconds7 seconds7 and 9.5 secondsO4.5 and 12 secondsDeep spray According to the chart, which cabinet department is responsible for making sure banks are giving people a fair interest rate?Department of the InteriorDepartment of the TreasuryDepartment of AgricultureDepartment of State A stack of 30 science flashcards includes a review card for each of the following: 10 insects, 8 trees, 8 flowers, and 4 birds.What is the probability of randomly selecting a tree or a flower?Express the Probability as a reduced fraction