the endpoints of segment LE are L(-2,2) and F(3,1). the endpoints of segment JR are J(1,-1) and R(2,-3). what is the approximate
2 answers:
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Answer: Speed in miles per hour is 45 mph.
Step-by-step explanation:
Since we have given that
Distance covered = 15 miles
Time taken to cover the above mentioned distance = 20 minutes
We need to calculate the speed in miles per hour ,
As we know the formula for " Speed " i.e.
Now, we will put the value of distance and time in the above formula:
Hence, Speed in miles per hour is 45 mph.
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.
