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:
No
Step-by-step explanation:
4.5 IS NOT A WHOLE NUMBER!
Answer: it's C Sophie used the wrong height for the pyramid
It's Right cause I took the test.
Step-by-step explanation:
Around 70-80 depending on how many people I’m texting
Answer:
Hi, there the answer is E because it is a function
and also the x does not repeat itself.
Step-by-step explanation:
Also, if it is not a function x will repeat and equivalent to not a function