The action that is reflected above shows the equity among sexes. This country believes that whatever education that its male constituents should also be received by the females. That is because women should also be given the privilege to learn.
The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of
four-firm ratio = (total sales of four largest firms / total sales)
Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.
total sales of four largest firms = 4x
total sales = 10x
The ratio is then,
four-firm ratio = 4/10
Converting this to percentage will yield us an answer of 40%.
Answer:
perfect competition; equal to $15
Explanation:
A Perfect competition industry is characterised by :
1. Firms that are price takers - They do not set price but prices are set by the forces of demand and supply.
2. Prices are equal to marginal revenue and average revenue.
3. plenty buyers and sellers.
4 free entry and exist of firms.
A monopolistic industry is chartcerised by :
1. Firms that are price makers.
2. Plenty buyers and sellers.
3. Price and average revenue are less than the marginal revenue
A monopoly is characterised by :
1. Firms that are price makers.
2. One seller
3. Price and average revenue are less than the marginal revenue
Answer: Advertise on radio and earn $14,000
Explanation: Dominant strategy may be explained as the tactics or option which works best for a particular firm and seems to give the firm an edge abive other competitors.
Since both are following their dominant strategy, even though advertising on TV seems more lucrative if only one of the advertise, by the time both of them place TV advert, profit falls to $8000. therefore the strategy who gives the highest return when both thread the same advertising path is the radio advert, which gives a return profit of $14,000. Therfore, Uan Pablo should advertise on radio and earn a profit of $14000
