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.
Butter pecan: 25
Vanilla: 35
Chocolate: 50
The dotted line between 20 and 30 (butter pecan) will be nothing more than anything including 5. In this case, it is 25 counting up to 30.
The solid lines directly leading to a number will be that number, for instance, chocolate is 50.
Answer:
6.75
Step-by-step explanation:
10.00-3.25= 5.75
the first pieces of information are irrelevant
Answer:
-1/2
Step-by-step explanation:
The slope of a perpendicular line is opposite reciprocal. So the opposite of 2 is -2, and the reciprocal of 2 is 1/2.