PLEASE HELP IN MATH . ( NEED EXPLANATION THANKS )
1 answer:
You might be interested in
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:
Option B.
Step-by-step explanation:
The future value formula, for an annuity, is:
An annuity means that a number of payments happen during the period(an year, for example).
P is the value of the deposit, r is the interest rate, as a decimal, and n is the number of deposits.
In this question:
Deposits of $765.13, so
Each month, for 3 years. An year has twelve months, so
2% Interest a year. An year has 12 months, so
Find the final amount of the account.
The final amount of the account will be $28,363.46, which is option B.