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:
(D)How many hours during the week do you eat in the cafeteria?
Step-by-step explanation:
This question directly gives her the information she needs. She wants to find out how much time students spend eating in the cafeteria and that is exactly what this question is asking.
Four as zeros don't count when you're figuring out significant figures
If you let x = 13:
Then, Area = 2(13)^2 - 5(13)
= 338 - 65
= 273 sq ft
If you let 2x-5 = 13:
2x = 18
x = 6
Then, Area = 2(6)^2 - 5(6)
= 72 - 30
= 42 sq ft
Therefore, your options are A or C. Your answer can be chosen based on what you assume the width to be. Good luck!
Answer:
Function B has a greater slope than function A.
