Answer:
Step-by-step explanation:
The cost to purchase a song from website 1 is $0.30 per song and a $5 membership fee. To purchase a song from website 2 there is
1 answer:
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Answer:
(a) The data set is a function, since for each input value {3,4,6,11} there is a single output value {5,7,11,21}
(B) A function is a mathematical relationship that associates one or more inputs with a single output value. So that the data set is not a function, there should be - for one or more values of the input - more than one output.
for example, if for the input value {3} there were two outputs {5, -5} then, the data set would not be a function.
The frelation is not a function because:
When x = 1, y = +1 and y = -1.
(c) The set of data provided can be represented by the equation of a line of the form y = mx + b
The slope is:
m = 2
b = 5 - 2*3
b = -1
Then, the function is:
y = 2x-1
You can substitute any of the points shown in the equation and check that equality is satisfied, for example:
(11 , 21)
y = 2 (11) -1
y = 22-1
y = 21. The equation is satisfied. The same goes for the rest of the values.
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.
