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Alex73 [517]
4 years ago
5

What’s the answer ??

Mathematics
1 answer:
zhuklara [117]4 years ago
3 0
So, first you do 4x+54 is greater than or equal to 70 first you subtract 54 from both sides and get -16 and then you divide by 4 by both sides and get x=-4 I hope this helps :).
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Suppose an oligopoly consists of two firms. Firm A lowers price and Firm B responds by lowering its price by the same amount. If
VMariaS [17]

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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vlabodo [156]
Speak in English please. I would be more pleased to help if you write in English.
4 0
3 years ago
Read 2 more answers
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<span>5. Myra has been at her job for 3 months. She earns $2,500 per month--- C 750</span>
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Hope This Helps You!
<span>Good Luck Studying :)</span>
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