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.
Pentagon - 5 sides = 5 x 4 = 20
Hexagon - 6 sides = 6 x 5 = 30
Nanogon - 9 sides = 9
20 + 30 + 9 = 59 IN TOTAL
I answer this question before this is the solution just change the total of $2750:
Two mechanics worked on a car, The first mechanic worked for 20 hours and the second mechanic worked for 5 hours together they charged a total of $1150.
Let's make,
mechanic #1's rate = x
mechanic #2's rate = y
* Their rate is dollars per hour ($/hr)
mechanic #1 worked for 20 hours (hr × $/hr = $)
20x = money earned by mech#1
and mechanic #2 worked for 5 hours
5y = money earned by mech#2
together they charged a total of $1150. So the amount of money earned by both mechanics.
20x + 5y = 1150
the sum of the two rates was $95 per hour.
x + y = 95
which means
x = 95 - y
plug (95 - y) in for "x" in the other equation to get everything in terms of one variable.
20(95 - y) + 5y = 1150
solve for y
1900 - 20y + 5y = 1150
1900 - 15y = 1150
-15y = 1150 - 1900
-15y = -750
y = -750/-15
y = 50 $/hr
Now use this to solve for x
x + y = 95
x + 50 = 95
x = 95 - 50
x = 45 $/hr
mech#1 charged 45$/hr
mech #2 charged 50$/hr
Answer:
We need 29 more $10 donations to complete $600 amount.
Step-by-step explanation:
Amount of money asked for donation = $10
Total amount of donation needed = $600
Amount of donation collected = $310
Amount of donation to be collected = $600 - $310 = $290
Let the number of $10 donation needed be x.
We need 29 more $10 donations to complete $600 amount.
(77lbs/9acres)≈8.56 pounds per acre
$5/10lb=$0.50 per pound of sugar