How to find the slope of x-y= -1 using y=mx+b?
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:
all real numbers or
Step-by-step explanation:
since both f(x) and g(x) are polynomials, neither of them have restrictions on their domains. Since they can be defined for all real numbers. It's not like the square root which has a domain of (0, infinity), or log x which is defined only from (0, infinity). So adding these two polynomials would result in a domain of all real numbers.