What is the least, greatest, median, lower Q, and upper Q for the CHESS CLUB?
2 answers:
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Answer:
is the required polynomial with degree 3 and p ( 7 ) = 0
Step-by-step explanation:
Given:
p ( 7 ) = 0
To Find:
p ( x ) = ?
Solution:
Given p ( 7 ) = 0 that means substituting 7 in the polynomial function will get the value of the polynomial as 0.
Therefore zero's of the polynomial is seven i.e 7
Degree : Highest raise to power in the polynomial is the degree of the polynomial
We have the identity,
Take a = x
b = 7
Substitute in the identity we get
Which is the required Polynomial function in degree 3 and if we substitute 7 in the polynomial function will get the value of the polynomial function zero.
p ( 7 ) = 7³ - 21×7² + 147×7 - 7³
p ( 7 ) = 0
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.
