Answer:
The profits for firma A and B will decrease.
Step-by-step explanation:
Oligopoly by definition "is a market structure with a small number of firms, none of which can keep the others from having significant influence. The concentration ratio measures the market share of the largest firms".
If the costs remain the same for both companies and both firms decrease the prices then we will have a decrease of profits, we can see this on the figure attached.
We have an equilibrium price (let's assume X) and when we decrease a price and we have the same level of output the area below the curve would be lower and then we will have less profits for both companies.
Answer:
w=4
Step-by-step explanation:
adding a negative is like subtracting so w=11-7
When calculating probability you need to remember that probability is:
something that you are observing divided by total number of participants.
The number you get is relative value(has value between 0 and 1) and if you want to get it in percentage (more clearly) just multiply it with 100.
In this case we are observing blood type B persons. Number of them is 165.
Total number of persons is 1500. Therefore our calculation looks like this:
165/1500 = 0.11 or the probability is 0.11*100=11%
To solve this we use trigonometric functions that would relate the hypotenuse y and the given values. For this case we use cosine function which is expressed as:
cosine theta = adjacent side / hypotenuse
cosine 52 = 35 / y
y = 35 / cos 52
y = 56.85