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.
Divide then multiply then do left to right
Answer:
a
Step-by-step explanation:
the solution to the system is at the point of intersection of the linear equations.
the lines intersect at (- 4, 3 )
then solution is (- 4, 3 )
Answer:
None of these are equivalent
Step-by-step explanation:
36 + 9 = 45
9(4 – 1) = 9* 3 = 27
(4 • 9) + (4 • 2) = 36+ 8 = 44