<span>A. x = 2
Would make your statement true</span>
Answer:
The best buy item is the Frito-Lay mi Variety Pack. Going for only 0.35 per item.
Step-by-step explanation:
All I did was the equations and then I compared the answer, the lowest answer is the best buy since it is the lowest price found.
Frito-Lay:
9.88/28 = 0.35
Unit rate is 35 cents
Pringles:
6.48/18 = 0.36
Unit rate is 36 cents
Pack of 18:
11.21/18 = 0.6
Unit rate is 60 cents
Pack of 24:
15.85/24 = 0.66
Unit rate is 66 cents
GC:
14.75/30 = 0.49
Unit rate is 49 cents
Sweet Treats:
10.75/25 = 0.43
Unit rate is 43 cents
Comparing all of this data, it can easily be seen that the Frito-Lay mi Variety Pack is the best deal you can find out of these 6 deals.
Answer:
30
Step-by-step explanation:
45-15
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 line to be parallel it has to have the same slope as the original line. so the slope is 1/2