The top 4 firms have (23 +22 +18 +12)% = 75% of the market.
The 4-firm concentration ratio is 0.75 or 75%.
Answer:
Step-by-step explanation:
Since there aren't any like terms, the answer would be:
Hope this helps!
To get the time taken for Jan and Jo to meet we proceed as follows;
Jan's speed=70 mph
Jo's speed =60 mph
distance between =1170
relative speed=70+60=130
time taken for them to meet will be:
time=(distance)/(relative speed)
=1170/130
=9 hours
the answer is 9 hours
Answer:
x=2
Step-by-step explanation:
add 3 to each side to isolate the 3x alone on one side
3x=6/ divide by 3 to isolate and simplify
x=2
