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:
B. The second graph
Step-by-step explanation:
got the answer from edge
Answer:
domain: all real numbers
range: y ≥ -5
Step-by-step explanation:
The domain of any polynomial function is "all real numbers."
This polynomial is of even degree and has a positive leading coefficient. It will have a minimum value, but no maximum. We can get an idea of the minimum value by looking at the vertex form.
f(x) = x^4 -2x^2 -4
f(x) = (x^4 -2x^2 +1) -5 = (x^2 -1)^2 -5
The squared term will have a minimum value of 0, so the minimum of f(x) is -5.
The range is all real numbers greater than or equal to -5.
17b/12a and put a minus sign between both equations