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What is the Herfindahl Index for the smartphone industry based on these numbers? Based on the Herfindahl Index, do you think the government would be willing to approve a merger between Apple and Samsung?

For this problem use the Herfindahl Index to compute market concentration: a. Suppose Apple has 45% of the U.S. market share for smartphones, followed by Samsung with 30%, LG with 9%, Motorola with 8%, HTC with 6%, and Nokia with 2%. What is the Herfindahl Index for the smartphone industry based on these numbers? Based […]

Role of Census in Numbers: What coming event might have been the impetus to take a count of who was in the camp?

Objective 2: Clarify the function and role of the census in Numbers. A census is an important part of society, though it is not necessarily the easiest to read in a book format. The census that we find in Numbers is not just a tally of the men and women of Israel, but it has […]

Numbers: Where do the Israelites fit in this story, and where can we fit this book into our lives of faith?

Objective 1: Identify the purpose of Numbers. Numbers, much like Leviticus, is traditionally a difficult book to read, but its importance for the biblical narrative as a whole cannot be understated. It is more than just a census and a prophet talking to a donkey; it is a story of sin, repentance, and blessing. It […]

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