If BE = 2x + 2, BD = 5× - 3, and AE = 4× - 6, what are the values of x and AC?
1 answer:
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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:
step 1
Find the area of the circle
The area of the circle is
we have
----> the radius is half the diameter
substitute
step 2
Find the area of a sector
Remember that
The area of the circle subtends a central angle of 360 degrees
so
using proportion
Find out the area of a sector with a central angle of 108 degrees
assume
substitute