The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
Let's create this right triangle. We will call it triangle ABC with angle B as the right angle, angle A being the larger of the angles A and C. If the ratio is 5:4, then it is A:C. 5+4 = 9. The measure of the right angle, angle ABC = 90, and 90 divided by 9 is 10. So angle A is 5 * 10 which is 50 degrees, and angle C is 4 * 10 which is 40 degrees. The smallest angle, angle C, is 40 degrees.
Answer:
The letter "x" is often used in algebra to mean a value that is not yet known. It is called a "variable" or sometimes an "unknown". In x + 2 = 7, x is a variable, but we can work out its value if we try!
Step-by-step explanation:
Answer:
86 * 0.2 = 17.2
<u><em>17.2 + 86 = 103.2</em></u>
Step-by-step explanation:
A) the multiplier is <u><em>0.2 </em></u>
B) The price is <em><u>103.2</u></em>
Depends on your question...
If your question is r + 0.12 = 0.20 then do this:
Subtract 0.12 from both sides
r = 0.08
The answer is B.
If your question is r - 0.12 = 0.20 then do this:
Add 0.12 on both sides
r = 0.32
The answer is A
So it depends on your question :P
