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.
600 x 5 x i = 60
3000 i = 60
i = 60 / 3000
i = 0.02
0.02 = 2%
answer <span>the interest rate was</span> 2%
Answer:
g(x) = - x² - x + 12
Step-by-step explanation:
Given
g(x) = (- x - 4)(x - 3)
Each term in the second factor is multiplied by each term in the first factor, that is
- x(x - 3) - 4(x - 3) ← distribute both parenthesis
= - x² + 3x - 4x + 12 ← collect like terms
= - x² - x + 12 ← in standard form
Answer:
first number(x) = 2 second number(y)= 6
Step-by-step explanation:
This is an example of a simultaneous equation.
First write this word problem as equations, where x is the "first number" that you've mentioned and y is the "second number".
x + 2y = 14 (equation 1)
2x + y = 10 (equation 2)
This is solved using the elimination method.
We need to make one of the coefficients the same - in this case we can make y the same. In order to do this we need to multiply equation 2 by 2, so that y becomes 2y.
2x + y = 10 MULTIPLY BY 2
4x + 2y = 20 (this is now our new equation 2 with the same y coefficient)
Now subtract equation 1 from equation 2.
4x - x + 2y - 2y = 20 - 14 (2y cancels out here)
3x = 6
x = 2
Now we substitute our x value into equation 1 to find the value of y.
2 + 2y = 14
2y = 12
y = 6
Hope this has answered your question.