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:
= −11.2
Step-by-step explanation:
64.8=6(m+22)
We move all terms to the left:
64.8-(6(m+22))=0
We calculate terms in parentheses: -(6(m+22)), so:
6(m+22)
We multiply parentheses
6m+132
Back to the equation:
-(6m+132)
We get rid of parentheses
-6m-132+64.8=0
We add all the numbers together, and all the variables
-6m-67.2=0
We move all terms containing m to the left, all other terms to the right
-6m=67.2
Answer:
60
Step-by-step explanation:
10 + 5 = 15. 15/2 is 7.5. 7.5 times 8 is 60. The formula for the area of the trapezoid is (a+b)/2 x h.
I think the correct answer is :D
Answer:
x=143/40
or
x=3.575
Step-by-step explanation: