Answer:
An industry consists of six firms with annual sales of $300, $500, $400, $700, $600, and $600, respectively. a. What is the industry's four firm concentration ratio? b. What is the industry's Herfindahl-Hirschman index? c. Is this industry highly concentrated? Explain.
Explanation:
Answer:
Fiduciary
Explanation:
A fiduciary is a person that is appointed to protect the interests of his principal.
He should ensure that all transactions favor his principal maximally. It also entails full disclosure.
In this case, Mark was going to be the beneficiary of the sale. Even if the site was sold at fair market value, Mark has responsibility to fully disclose the source of the transaction to Anna.
Conflict of duty is when the fiduciary benefits from his position. This is not allowed.
Answer: decreases
Explanation: In simple words, complementary goods are those goods which have negative relation with each other in respect of price and demand. The usage of one good is dependent on other in case of complementary relation.
For example - Petrol and petrol car are complementary goods, if the price of petrol increases the demand for petrol cars will decrease.
Hence we can conclude that the right answer to the given problem is decrease.
Answer:
Yes, it is worth $4 to insure a Personal Digital Assistant
Explanation:
Eery action has its benefits and disadvantage. The benefits of sending your cousins a Personal Digital Assistant mail is of great benefit to him. Therefore, if the chances of losing it to damage or lost is two percent, whereas with four percent, the damage or lost is covered and insured. Then the later becomes inevitable.
Evaluating it further it is better to lose additional charges for a set purpose, than to lose its capita l values .
Answer:
Good rental history and employment stability are two things that help to bulid a good credit score.