1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gnom [1K]
2 years 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]2 years 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

You might be interested in
Can someone help me with b
larisa86 [58]

Answer:

A) is actually 10 1/3 B) is  5 14/15

Step-by-step explanation:

Please Mark Brainliest if i get the correct answer. 100% sure the answer is right . adn i use a calculator soup

8 0
3 years ago
Which side in the figure on the right corresponds to the segment WU and what it the scale factor?​
goblinko [34]

Answer:

WU corresponds with CD and the scale factor is 3

5 0
2 years ago
Miriam ahorró durante toda la semana $14.00.El sabado se gasto 1/7 de esa cantidad y el domingo 5/8, ¿Que cantidad gastó en tota
oksian1 [2.3K]
1/7 de catorce es dos, ahora Miriam tiene doce dólares restantes. 5/8 de 12 es 7.5, luego todos juntos, Miriam gastó nueve dólares.
5 0
3 years ago
Solve the simultaneous Equation using the two <br> methods<br>4m=n +7<br>3m+ 4n+9=0​
GrogVix [38]

Elimination method:

4m = n + 7

3m + 4n + 9 = 0

<em>First, let's get the equations in the same form.</em>

4m - n - 7 = 0

3m + 4n + 9 = 0

<em>Now let's make multiply the first equation by 4 so we can eliminate n.</em>

16m - 4n - 28 = 0

+3m + 4n + 9 = 0

<em>Now we can add the equations.</em>

16m + 3m - 4n + 4n - 28 + 9 = 0

19m + 0n - 19 = 0

19m - 19 = 0

19m = 19

<em>m = 1</em>

<em>Now we put m back into one (or both) of the original equations.</em>

4(1) = n + 7

4 = n + 7

<em>n = -3</em>

<em>If you plug m into the other equation, you get the same result.</em>

<em />

Substitution method:

4m = n + 7

3m + 4n + 9 = 0

<em>With this method, we plug one of the equations into the other one. I'm going to use m in the second equation as a substitute for m in the second equation.</em>

3m + 4n + 9 = 0

3m = -4n - 9

m = (-4/3)n - 3

<em>Now I can substitute the right side into the first equation like so:</em>

4[(-4/3)n - 3] = n + 7

(-16n)/3 - 12 = n + 7

(-16n)/3 = n + 19

-16n = 3(n + 19)

-16n = 3n + 57

0 = 16n + 3n + 57

0 = 19n + 57

0 = 19n/19 + 57/19

0 = n + 3

<em>-3 = n</em>

<em>And then we put that back into one of the original equations.</em>

4m = n + 7

4m = -3 + 7

4m = 4

<em>m = 1</em>

Hopefully you learned something from this.

5 0
3 years ago
Please help! I'm being timed. Find the midpoint of the following coordinates.
MrRissso [65]

Answer:

I believe its (2,1)

3 0
3 years ago
Other questions:
  • Scores on a certain IQ test are knownto have a mean of 100. A random sample of 43 students attend a series of coaching classes b
    11·1 answer
  • County
    15·1 answer
  • Can someone please answer these questions
    11·1 answer
  • Answer these two please!!
    11·1 answer
  • PLEASE HELP WITH THIS MATH PROBLEM​
    11·1 answer
  • Need help pronto
    13·2 answers
  • A countertop is in the shape of a trapezoid. The lengths of the bases are 70.5 and 65.5 inches long. The area of the countertop
    8·1 answer
  • I Need the answer for these 3
    14·1 answer
  • Solve the following proportion for x 3/8 =x/13
    10·1 answer
  • Given the following functions, find each of the values:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!