How many solutions does this system have? PLEASE DON’T GET THIS WRONG

Mathematics

1 answer:

Lemur [1.5K]3 years ago

6 0

Answer:

A one solution I hope that help

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What is equivalent to12/18

solmaris [256]

<span>2/3 and 24/36 and 6/9
for 2/3 just dvide by 6, 24/36 just multiply both terms by 2 and for 6/9 just divide by 2</span>

3 0

3 years ago

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Suppose an oligopoly consists of two firms. Firm A lowers price and Firm B responds by lowering its price by the same amount. If

VMariaS [17]

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.