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8090 [49]
2 years ago
14

State the market structure in which the farmer operates

Arts
1 answer:
mrs_skeptik [129]2 years ago
8 0

The market structure in which the farmer operates is a perfectly competitive market. This is further explained below.

<h3>What is market structure?</h3>

Generally, The term "market structure" is used to describe the system by which various types of businesses are categorized and distinguished from one another depending on the level and kind of competition they face.

In conclusion, "Perfectly competitive" describes the nature of most agricultural markets, whereby numerous sellers and buyers with a good grasp of market conditions compete to supply and demand a standard commodity.

Read more about the market structure

brainly.com/question/25813298

#SPJ1

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Leon is catering a luncheon. He is only supplying the food. What kind of catering service is he providing?
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What is an example of allusion in The Great Gatsby?
Morgarella [4.7K]

An example of allusion in The Great Gatsby is a reference to Midas, Morgan, and Maecenas when Nick describes his aim of learning about finances.

Allusions are a literary device that refers to a place, person, event, thing, and literary work to express huge meanings into one word or phrase. Allusions are helpful for a writer when it is familiar to the readers or else they could be misunderstood and ruin the impression and meaning of the writing.

An example of allusion in the statement of Nick Caraway is "I bought a dozen volumes on banking and credit and investment securities, and they stood on my shelf in red and gold like new money from the mint, promising to unfold the shining secrets that only Midas and Morgan and Maecenas knew".

The example of allusion, given in The Great Gatsby, explains that Nick is aiming for upward mobility by learning the finances. He is trying to make a career in finance and hoping for skills as good as Midas who converted everything into gold with his touch.

The reference to Morgan and Maecenas explains that Nick wants to be an expert in finances like JP Morgan in the American finances in the late 19th and early 20th century. He alludes to Maecenas who was an advisor to the first Roman emperor and patron to poets like Virgil and Horace.

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