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Gnom [1K]
1 year ago
7

Elvira College has an enrollment of 1,000 students and is located in a small Midwestern town named Johnsonville. Johnsonville ha

s a total population of 2,500 people. The nearest town is 20 miles away. Most of the residents shop locally, but they travel about once a month to the larger city and pick up the large-ticket items. Johnsonville has one fairly good-size supply store named Jameson's Grocery. The only other place in town where you might buy supplies is at the gas station/convenience store located on the edge of town. What competitive situation is Jameson's Grocery experiencing?
Mathematics
1 answer:
aliina [53]1 year ago
4 0

Since there are only two (2) sellers in the town with many buyers, the competitive situation which Jameson's Grocery is experiencing is an oligopoly.

<h3>What is an oligopoly?</h3>

An oligopoly can be defined as a market structure which comprises a small number of business firms (sellers) that are offering identical (similar) products to many buyers, wherein none of the sellers can limit the significant influence of others.

In this scenario, we can infer and logically deduce that the competitive situation which Jameson's Grocery is experiencing is an oligopoly because there are only two (2) sellers in the town with many buyers (1,000 students).

Read more on oligopoly here: brainly.com/question/3227891

#SPJ1

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A) f(x)=0.2x
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7 0
3 years ago
Select all the statements you agree with.
wolverine [178]

The statements that I agree with, with respect to a parallelogram are:

  • A parallelogram has six sides.
  • Opposite sides of a parallelogram are parallel.
  • All angles of a parallelogram have the same measure.
  • All sides of a parallelogram have the same length.

<h3>What is a parallelogram?</h3>

A parallelogram can be described as the quadrilateral  that do contains  two pairs with respect to their parallel sides.

It should be noted that the sides that can be found in the parallelogram are usually of the same length and there the sides that can be attributed to a parallelogram is usually 6.

Therefore, the option 1,2,4,5 are correct.

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brainly.com/question/970600

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6 0
1 year ago
find the smaller of 2 consecutive integers,x, if the sum of the smaller and 6 times the larger is -29
AnnyKZ [126]

Answer:-  The smaller integer is -5.


Explanation:-

Let the first consecutive integer be x and the second consecutive integer be x+1.

According to the given question:-

x+6(x+1)= -29

⇒x+6x+6= -29   [distributive law]

⇒x+6x= -29-6    [subtract 6 on the both sides]

⇒7x= -35      [combining like terms ]

⇒x= -5          [dividing 7 on both sides]

Thus the smaller integer =x= -5

larger integer =x+1= -5+1= -4

3 0
3 years ago
2. Jessica's grandparents gave her $2000 for college to put in a savings account until she starts
rodikova [14]

Answer:

<em>I </em>=2000(0.075)4= $600

Step-by-step explanation:

6 0
3 years ago
If p-1 is a factor of p^4+p^2+p-k,the value of k is ?
hoa [83]

1^4+1^2+1-k=0\\3-k=0\\k=3

3 0
3 years ago
Read 2 more answers
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