Sunday
April 20, 2014

Homework Help: Economyst

Posted by Mike Green on Wednesday, November 26, 2008 at 12:18pm.

Posted by economyst on Wednesday, November 26, 2008 at 8:46am in response to Economics.
Do a little research, then take a shot. What do you think?

My thinking is 40% CR, and smaller frims would thrive, due to less overhead.
What is you take ?

What is the computing? in terms of math


Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 20%. How would you describe this industry? Suppose the demand for the product rises and pushes up the price for the good. What long-run adjustments would you expect following this change in demand? What does your adjustment process imply about the CR for the industry? Now consider that the industry has 20 firms but the CR for the industry is 80% instead of 20%. How would you describe this industry? What are some reasons why this industry has a high CR while the other industry had a low CR? Is it possible for smaller firms to thrive and profit in such an industry? How?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

To: Economyst - I did mean Q Suppose you are the manager of a small chemical ...
To: Economyst - Hi there. You helped me with a couple of questions regarding ...
Economics (attempted as suggested by economyst) - Posted by eStone on Sunday, ...
Macroeconomics - What is the primary difference between normative and positive ...
Craig - baloon - calculus moved up - Posted by Craig on Tuesday, November 25, ...
Economics - The biggest disadvantage in a command economy is: A. market forces ...
Macroeconomics - inflation! - Hi! I had to graph inflation/unemployment... Why ...
Economics - Who can raise the required reserve ratio? How does raising the ...
Old -Linear programming - up where it may be found - Posted by Anonymous on ...
Macroeconomics - Briefly discuss the importance of the Depository Institutions ...

Search
Members