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Author Question: Competition has driven the economic profits in the video rental business to zero. Surya Bacha, who ... (Read 198 times)

kellyjaisingh

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on: Jun 29, 2018
Competition has driven the economic profits in the video rental business to zero. Surya Bacha, who owns a video rental business, would be better off leaving the industry for another alternative.
 
  Indicate whether the statement is true or false

Question 2

Consider an industry that is made up of nine firms each with a market share (percent of sales) as follows:
 
  a. Firm A: 30
  b. Firm B: 20
  c. Firms C, D, and E: 10 each
  d. Firms F, G, H, and J: 5 each
 
  What is the value of the four-firm concentration ratio and how is the industry categorized?
  A) 80; strongly oligopolistic B) 70; oligopoly
  C) 50; monopolistic competition D) 75; oligopoly
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alvinum

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kellyjaisingh

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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