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:
im confussed
Step-by-step explanation:
The answer is (-2, 10) because when reflecting over the x, change the sign of y. When reflecting over the y, change the sign of x.
Answer:
About 90.73 meters/min.
Step-by-step explanation:
Dimensional analysis is done by multiplying the wanted unit over the current unit in equal measure, or the other way around.
First, we will convert feet to meters, using that 1 ft = .4048 m.
32ft/6.45sec * .3048m/1ft = 32/6.45sec * .3048m = 9.7536m/6.45 sec.
Second, we convert seconds to minutes, using that 60 sec = 1 min.
9.7536m/6.45sec * 60sec/1min = 9.7536*60m/6.45min ≈ 90.7311627m/min.
7/4th s should be the answer sorry if i,m wrong