Suppose an oligopoly consists of two firms. Firm A lowers price and Firm B responds by lowering its price by the same amount. If
average costs and industry output remain the same, which of the following will occur?
1 answer:
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.
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Answer:
The correct option is;
Step-by-step explanation:
The given parameters are
The equation of motion of one (the first) object is r = 4·cos(θ)
The equation of motion of the other (the second) object is r = -1 + 2·cos(θ)
Equating both equations gives;
4·cos(θ) = -1 + 2·cos(θ)
4·cos(θ) - 2·cos(θ) = -1
2·cos(θ) = -1
cos(θ) = -1/2
θ = Arccos(-1/2) = 120° = 2·π/3
Therefore, the two equations are equal when θ = 2·π/3 for which we have;
r = 4·cos(2π/3) = -2 and r = -1 + 2·cos(2π/3) = -2
∴ r = 4·cos(2π/3) = -1 + 2·cos(2π/3) = -2
The coordinate that represents a possible collision point of the objects in the form (r, θ) is therefore
Answer:
The 3-dimensional shape created will be a cone
Step-by-step explanation:
step 1
Plot the points
we have
A(0, 0), B(0, 5) and C(3, 0)
The figure is a right triangle
see the attached figure
so
When this shape is rotated about the y-axis, the 3-dimensional shape created will be a cone
where
AC is the radius of the base of cone
The radius is equal to r=AC=3 units
AB is the height of the cone
The height is h=AB=5 units
BC is the slant height of the cone
Applying Pythagoras Theorem
Answer:
Length of rectangle is:
Step-by-step explanation:
The area of rectangle =
Width of rectangle =
We need to find length of rectangle
The formula used is:
Putting values and finding length
So, Length of rectangle is: