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.
Answer:
Step-by-step explanation:
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Answer:
35
Step-by-step explanation:
15 plus 10 equals 25.
25 plus 10 equals 35.
Hope it helps!
It's just asking for the gradient basically
150/3 = 50
Or technically -50 because it's decreasing
Answer:
The value found is.
sin θ = 0.6
Step-by-step explanation:
We know that the value of cosθ is given -4/5
cosθ = -4/5
First, lets finds the angle θ by taking inverse of cosine of -4/5
θ = cos⁻¹ (-4/5)
θ = 143.13°
Substitute the found θ = 143.13° it in tanθ to see if satisfies the equation tanθ < 0:
tanθ < 0
tan(143.13°) < 0
-0.75 < 0
Hence the equation is satisfied.
Which means that θ is equals to 143.13° and can be used to find sinθ
sinθ = sin 143.13°
sin 143.13° = 0.6
