What is the domain of a function?
2 answers:
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Answer:
8 pieces of candy
Step-by-step explanation:
Take the original amount of candy in the bowl to be .
It says that 20 pieces of candy were added, therefore there are pieces of candy in the bowl.
Half of the candy is gone, therefore pieces of candy are left in the bowl.
After half of the candy is gone, there are 14 pieces left, so we can say that
Solve for :
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.
