Explain the competitive nature of the market system

Answers

Answer 1

A perfectly competitive market is characterized by many buyers and sellers, undifferentiated products, no transaction costs, no barriers to entry and exit, and perfect information about the price of a good. The total revenue for a firm in a perfectly competitive market is the product of price and quantity (TR = P * Q).


Related Questions

Why would Christian areas in A.D. 325 be located near large cities and mostly along the coasts and
rivers

Answers

Answer:

ok

Explanation:

Which of the following is true of World War I? (4 points)

a
The war began because of an assassination.

b
It involved the use of atomic weapons.

c
There was fighting in the Pacific theater.

d
The Great Depression ended before the war.

Answers

Answer:

A. The war began because of an assassination.

Hope this helps!

A is true
B is false
C is false
D is false

define the term historical interpretation

Answers

Answer:

Historical interpretation is the process by which we describe, analyze, evaluate, and create an explanation of past events.

Explanation:

What was Jefferson Davis strategy for winning the civil war

Answers

Answer:

Jefferson Davis (1808-1889) was a Mexican War hero, U.S. senator of America for the duration of the American Civil War (1861-1865).

Explanation:

Which of the following would be the best title for this timeline?



Events Leading up to the French and Indian War

Important Enlightenment Philosophers

Increased Taxation Leads to Declaration of Independence

Slave Uprisings in the Rural South

Answers

The correct answer is C. Increased taxation leads to the Declaration of Independence.

Explanation

This timeline shows several events related to the increase in taxes in the British Colonies between 1764 and 1774 that caused discomfort in the population, being a reason to promote the independence of the colonies. In addition, all the events occurred time before starting the American War of Independence that began on April 19, 1775, and lasted until September 3, 1783. So, according to the above, the answer is C. Increased taxation leads to the Declaration of Independence.

Why was Texas a
magnet for land speculators and investors?

Answers

Answer:

Texas attracted Americans settlers because people were looking for a new life, wanted to escape the law, or wanted to have a chance to grow rich. ... Texas was a magnet for land speculators and investors because it had opportunities for cheap land, which could be used farming and oil.

Answer: Texas attracted Americans because people were looking for a new life, wanted to escape the law, or wanted to have a chance to grow rich. Texas was a magnet for land speculators and investors because it had opportunities for cheap land, which could be used farming and oil.

Explanation:

A group that promotes legislation supporting deer hunting education and a group that promotes protection of wildlife would most likely agree on which of the following?

1 Hunting licenses are unnecessary.
2 Deer season should be shortened.
3 More children should learn to hunt.
4 Wildlife habitat should be protected.

Answers

Answer:number 4 wildlife habitat should be protected

Explanation:

Answer:

Number 4

Explanation:

What do you think? Do you think that students should be allowed to show their support for causes like Black Lives Matter?

Answers

Answer:

Explanation:

What do you think? Do you think that students should be allowed to show their support for causes like Black Lives Matter?

Statements supporting Black Lives Matter are not enough, schools must do more

Answer:

Explanation

yes I think that people should be able to show what they really think  should be allowed to no matter what happens and I honestly don't care about any of those things but I really would just like for people to say what they really think

Whose conquests opened up Southwest Asia to Greek migration?

Answers

He said I can get it done before he goes lol I guess lol that’s why he said he
The conquests of ALEXANDER THE GREAT opened up much of Southwest Asia for Ancient Greek Immigration.

What were some of the benefits of becoming a citizen of the Inca Empire

Answers

Answer:

Each citizen of the empire was issued the necessities of life out of the state storehouses, including food, tools, raw materials, and clothing, and needed to purchase nothing.”

Explanation:

Hope this helps you

Why was Frederick Douglass important?

He was the first governor of Kansas.
He made the first pro-slavery speech in Congress.
He was a leader of the abolitionist movement.
He led the movement for the Missouri Compromise

Answers

Answer:

He was a leader of the abolitionist movement

Explanation:

He escaped from slavery and eventually became a national leader of the abolitionist movement, becoming famous with his antislavery writings.

Answer:

C. He was a leader of the abolitionist movement.

Explanation:

Just did this quiz and got it right! Hope this helps!! :D

I need help plz. I don't understand this question

Answers

Answer:

A

Explanation:

When you read the passage, you end up finding out that the Roman Senate had most of the power and even the army. They also said it the senate had a great deal of power which helps you eliminate C and B. You are than left with A and D but when you read the second paragraph, you could understand that the answer is "A"

Answer:

C!

Explanation:

The rising threat of communism in Latin America after World War II most often resulted in __________.

A. military coup takeovers of weak governments
B. the inclusion of communist parties in elections
C. increased voting participation in the population
D. successful communist takeovers of governments

Please select the best answer from the choices provided.

Answers

Answer: A. military coup takeovers of weak governments

Explanation: believe me bro

Answer:

A. military coup takeovers of weak governments

plzzzzzzz help for a brainly

Answers

Answer:

It is third because if you look it up it says third

Answer:

C. Third

Explanation:

The Ayyubids recaptured Jerusalem in 1187 during the Siege of Jerusalem, which started the third crusade.

A _____ is usually controlled by a state.

Answers

Can we get like the choices?

A region is usually controlled by a state.

What does the state control?

Protecting people from local threats. maintaining a justice system. setting up local governments such as counties and municipalities. maintaining state highways and setting up the means of administrating local roads.

What does the state government have control of?

Police departments, libraries, and schools—not to mention driver's licenses and parking tickets—usually fall under the oversight of State and local governments. Each state has its own written constitution, and these documents are often far more elaborate than their federal counterpart.

Learn more about state government here https://brainly.com/question/16302035

#SPJ2

no links or i will report
In three to five sentences, examine how the arms race during the Cold War increased tensions.

Answers

Answer:

The USSR tested its first atomic bomb in 1949. this lead to a race between the two super powers to amass the most powerful nuclear bomb tension increased because the result of developing arms race served to both military sides and brought the war closer.

actores de la democracia en mexico

Answers

Answer:

Democracia en México

Instituto Internacional para la Democracia y la Asistencia Electoral (IDEA).

Comunidad de las Democracias.

Asociación para la Gobernabilidad Democrática.

Explanation: Corona, mejor respuesta y corazon please gracias uwu

The Washingtonians most affected by the Great Depression were those living in

urban areas and on reservations.
rural areas and on reservations.
urban and suburban areas.
rural and urban areas.

Answers

Rural areas and on reservations

Answer:

the person above me is correct just got it on edge2021

Explanation:

What might have happend if nazi Germany had developed a nuclear weapons before the United States

Answers

We would be goners.


how old is einstein?

Answers

Answer:

He is 76 years (But he is dead now. so instead of "is" it would be "was")

He was born in 1879, and died in 1955

Explanation:

I hope this helps        :)

Major West African empires formed around what?

Silk Roads,Nile River Trade Route,Trans-Saharan Trade Route

Answers

The correct answer is C. Trans-Saharan trade route

Explanation

Trans-Saharan trade routes are a complex of roads that have allowed trade from the North African coast to the Sub-Saharan region (West Africa) since ancient times. Great empires developed in this region, including the Ghana Empire (750-1068), the Mali Empire (1235-1645), the Great Fulo Empire (1490-1537), the Songhai Empire (1350-1549), the Empire Wolof (1350-1549), among others. Therefore, the correct answer is the C. Trans-Saharan trade route.

When was Black Pink Rose born???? ​

Answers

She was born February 11, 1997

Answer:

black pink's rose was born on 11th February

How did new ideas change the way people lived in Korea ? No links please.

Answers

Answer: Background. Korean society has undergone a major transformation since 1960. An economic miracle, demographic transition, urbanization, changes in family life, and the formation of civil society constitute the major features of the transformation.

Explanation: crown, best answer and heart please, thank u

Background. Korean society has undergone a major transformation since 1960. An economic miracle, demographic transition, urbanization, changes in family life, and the formation of civil society constitute the major features of the transformation.

SOURCE 2 AND CONTINUATION​

Answers

the answer is A nice pfp btw lol

Who is NOT in the three people to succeed the potus

Answers

Answer:

I would probably sayyy me

Answer:yea i don't know what that is so i'd say me

Explanation:

“Power corrupts, and absolute power corrupts absolutely” assess the extent to which this idea affected the creation of the US government.

Answers

The Founding Fathers created the U.S. government to have numerous checks and balances as well as a VERY limited central (federal) government. They did this to prevent a relapse of the tyranny (hence “absolute power”) they dealt with under the British Empire. The American colonies were essentially meant to serve the mother nation (Britain), but the colonists braved the journey to America to establish a new, freer nation with religious freedom as its top priority.
To prove this quote is still relevant today, it’s not unknown that when humans acquire power, it’s very easy for them to abuse that power. Examples of this would be the oligarchies we see in Russia and China with a very small amount of people in power living in a lap of luxury while everyone else lives a subpar life.

Go to the link provided for A global guide to the first world war. Scroll down a little until you see the big yellow circle, click enter, once you have entered go to the bottom of the screen where the number bar is, go to part 2 trenches, view it and write a summary and reaction. Do the same for part 3, Empires and part 7, Aftermath. Write you reactions to all three here. Clearly label them. The first paragraph should include your introduction.

Answers

Answer:

Uh bro? We don't have your link.

Explanation:

hi there can u answer this​

Answers

bro you just write your information, like your name and grade and stuff

Answer: Uh....

Explanation: uh we really can't well we....

Give at least two examples of how African Americans fought for rights in Georgia.

Answers

Answer:

Civil rights activists, known for their fight against social injustice and their lasting impact on the lives of all oppressed people, include Martin Luther King Jr, Harriet Tubman etc. They protested to be treated equally regardless, race, gender or SKIN COLOR.

How did Henry II's belief that his royal courts had the right to try clergymen accused of crimes affect his relationship with the Church?

Answers

Answer:

How did Henry II's belief that his royal courts had the right to try clergymen accused of crimes affect his relationship with the Church? It caused conflict because both Church and monarch claimed the same powers.

Explanation:

Hope it helps!

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