PLEASE HELP and if you can please explain how you got your answer ty
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:
Therefore = -3.
Step-by-step explanation:
i) let us say the slope of the line passing through (-2,7) and (4,9) is .
ii) to find the slope of the line passing through two points (,
) and (
,
) we use the formula m =
. Therefore we can say that
=
=
.
iii) let us say the slope of the perpendicular line to the line passing through (-2,7) and (4,9) is
iv) from the formula for the slopes of a line and the line perpendicular to it which is given by ×
= -1, therefore
= -1 ÷
= -3. Therefore
= -3
Answer:
x=9
Step-by-step explanation:
combine like terms
4+5=9
9+6x=7x
to get 6x with 7x subtract 6x from both sides as its positive
6x-6x=0
7x-6x=x
9=x
x=9
Answer:
The answer should round up to 40 minutes. Do it to make sure the answer is 4 which in this case = 40
Step-by-step explanation: