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.
For a function, if it has an inverse function, keep in mind that, the "domain of the original, is the range of the inverse, and the range of the original, is the domain of the inverse", what the dickens does that mean?
well, it means the values for "x" and f(x), on the inverse, are the same values, but swapped up, therefore
Step-by-step explanation:
let the ration be c
3x and 4x
Now
3x +4x=24
9514 1404 393
Answer:
168 cubic inches
Step-by-step explanation:
The formula for the volume of a pyramid is ...
V = (1/3)Bh
where B is the area of the base, and h is the height.
The base is a rectangle, whose are is given by the formula ...
A = LW
A = (8 in)(7 in) = 56 in²
Then the pyramid volume is ...
V = (1/3)(56 in²)(9 in) = 168 in³
The volume of the pyramid is 168 cubic inches.