Explain the difference between collusive and non collusive oligopoly market

1 answer:

4 0

Collusive oligopoly is when the companies come together and work as a group. ( Change the price of the goods, in affect acting as a monopoly but dividing any profits that they make. ) Non collusive oligopoly exists when the firms in an oligopoly do not collude and so have to be very aware of the reactions of other firms when making price decisions.

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A 9-yard roll of string costs $3.42. What is the unit price?

Karolina [17]

Answer:

$0.38 per yard

Step-by-step explanation:

Step 1:

Given; A 9-yard roll of string that costs $3.42.

Required; To find the unit price

Step 2:

Convert $3.42 to cents

$1 ~dollar=100~cents ~\\therefore,\\$3.42=3.42~x~100=342~cents~$

Step 3:

Find the unit price

$\frac{9 yard}{1 yard} =\frac{342 ~cents}{x~cents}$

$9x=342$

$\frac{9x}{9} =\frac{342}{9}$

$x=38~cents$

Convert to dollars

$x=\frac{38}{100}$

$x=0.38~per~yard$

Hence the unit price is $0.38 per yard.

5 0

2 years ago

there are 36 roses and 27 carnations. anna is making flower arrangements using both flowers, if she made the maximum number of a

solniwko [45]

This is a GCF problem,
find the GCF of 36 and 27. To do this, list out the factors for each number.
EX 36- 1×36, 2×18, so on and so on. Then do this for 27. The GCF will be the greatest factor. In this case, that is 9.
So there would be 9 groups because that is the greatest common factor.
there would be 4 roses in each group because 4×9= 36.
There are 3 carnations in each group because 9×3 =27.
So 9 groups with 4 roses and 3 carnations.

4 0

3 years ago

Help please thanks :))))))))))))))))

shtirl [24]

The answer is 1. Yeah

5 0

3 years ago

Read 2 more answers

Based on the information below what are the values of x and y of the solution to the system of equations used to create the info

Grace [21]

Answer:

(D). x = 2 , y = - 5