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:
8 rolls for $1.89
Step-by-step explanation:
when you divide to see how much each one costs the 8 rolls is better
Answer:
4.12
Step-by-step explanation:
≈ 4.12
Brother one: x
Brother two: x + 15
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Make them add up to 55 in an equation.
x + (x + 15) = 55
Combine like terms.
2x + 15 = 55
Subtract 15 from both sides.
2x = 40
Divide both sides by 2.
x = 20
Plug 20 for x into brother two.
(20) + 15 = 35
Brother one has saved $20, brother two has saved $35.
It’s going up by 2/9 . if you did it for the first one it’d b 3/9 which is 1/3