Last question please help me!!!!!!!
1 answer:
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<u>Answer:</u>
x ---> 1
y ---> 5
<u>Step-by-step explanation:</u>
We are given paired values for two variables x and y and we are to determine the constant number by which each term is increased such that they are in a proportional relationship.
For x, we have the following paired values:
So here the difference between each consecutive term is 1 so the constant is 1.
And for y, we have:
In this case, the difference between each consecutive term is 5 so the constant is 5.
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.
