if you show the triangle on the graph i can figure it out, or give me the coordinates of the original triangle, can't really do it without those things
Just multiply all of them and if you aren’t sure just search up how to find serfsce area
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:
Quadratic
Step-by-step explanation:
Linear equations are straight lines while quadratics are curved in a "u" shape. These points have a vertex and go up on both sides, a quadratic would be able to better fit this since their y values repeat, unlike linear models.
The slope is 2 and the equation of the line is y = mx+b with m =2
Then the equation becomes: y = 2x+b. How to calculate b?
Since this line passes through the point (-3 , 4), we replace x with -3 and y=4
4= 2.(-3) + b
4 = - 6 + b
and b= 10. The final equation is : y = 2x + 10 (answer a)