Which of the Following Is a Motivation for Starting a New

question 22

Multiple Choice

Which of the following is a motivation for starting a new business?

• A) Independence reward
• B) Learning reward
• C) Income reward
• D) All of the above

---

Definitions:

Herfindahl Index

A measure of market concentration used to evaluate the level of competition within an industry.

Market Shares

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales.

Herfindahl Index

A measure of the concentration and competitiveness of an industry, calculated by summing the squares of the market shares of each firm within the industry.

Four-Firm Concentration Ratio

a measure of market concentration and competition among the four largest firms in an industry, expressed as a percentage of total market sales.