Kyle works 40 hours at a rate of $10.75 per hour. He has total deductions of $87.25. What is his net pay?
1 answer:
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Answer:
20 questions
Step-by-step explanation:
Given
Required
Number of questions answered
First, we need to get the total correct marks obtained by Roy
This is calculated by multiplying the correct marks by number of correct answers
Subtract this from the total scores obtained; This gives the total incorrect answer obtained by Roy
Open bracket
Divide this by -2 to get the number of incorrect answers
Add this to the number of correct answers to give the total number of question answered
<em>Hence, Roy answered a total of 20 questions</em>
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.
