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:
THE answer is 4% because u divide
We are given a boxplot that contains some data. We will use the information below to analyze the given question.
STEP 1: Median
From the image above, we can see that the median represents the line drawn inside the box
This gives;
STEP 2: Interquartile range
The interquartile range is the difference between the third quartile and the first quartile.
85
Also, this is 5 points.
Would it be 3/2 since it’s rise over run with 3 on the x line to 5 and 5 on the y line to 8