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Answer:
Monopolistic competition
Explanation:
If Nori's company decisions need to be made taking the decisions of competing companies into account, it means that Nori's company operates in Monopolistic competition. This is because Monopolistic competition is an economic concept, which presents a situation where a company has several competitors. In this type of market, the decisions of a company in relation to production, distribution and price, interfere in the decisions of its competitors, who need to maintain competition and look for a way to obtain advantages.
Part 1/
5 + x - 14 = x - 7
We’ll cancel (X) from both sides;
5 - 14 = -7
-9 = -7
Since, -9 = -7 is False, there is no solution.
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Part2/
If we use x = -2, 0, 3
1) Case of X = -2
5 + (-2) - 14 = (-2) - 7
5 - 2 - 14 = -2 - 7
3 - 14 = -9
-11 = -9 .... False / No Solution
2) Case of X = 0
5 + (0) - 14 = (0) - 7
5 - 14 = -7
-9 = -7 ... False / No Solution
3) Case of X = 3
5 + (3) - 14 = (3) - 7
8 - 14 = -4
-6 = -4 ... False / No Solution
420x6/7 = 360 starting amount
420-360 = 60 interest
60/360 = 16.67%
You will need 300 feet to stop the car!
