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2 years ago

What are the likely reasons that the market for dress shirts is not perfectly competitive?

1 answer:

7 0

the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>

<h3>What is being perfectly competitive?</h3>

A perfectly competitive market, often referred to as an atomistic market, is defined by multiple idealizing criteria, which are together referred to as perfectly competitive, or atomistic competition, in general equilibrium theory.

It has been shown in theoretical models with perfectly competitive that a market will find equilibrium when the amount supplied for each good or service, including labor, equals the amount sought at the current price.

A Pareto optimal equilibrium would be this one. Perfectly competitive marketplaces are not always productively efficient in the short run because the output does not always occur where marginal cost and average cost are equal.

Long-term productive efficiency, however, comes about as new businesses enter the sector. Price and cost are lowered to the minimum of long-term average costs due to competition.

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the united states hoped the containment policy would help contain communism in other countries. Such as in the Vietnam war, The Korean War, in China, and in Russia.

Explanation:

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4 years ago

In Bandura’s Bobo doll study, when the children who watched the aggressive model were placed in a room with the doll and other t

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The correct answer is C. Kicked and threw the doll

Explanation.

The psychologist Albert Bandura proposed learning of behaviors can be learned through imitation; this is known as the social learning theory. This concept was tested through different studies including the Bobo doll study in which children interacted with a Bobo doll after observing adults being aggressive with this toy. These studies proved Bandura's ideas as most children kicked, hit, threw the doll and have other aggressive behaviors (Option C) once they were in the room with the toy, which proved children imitate the adults' behavior.

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3 years ago

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Betty should note the time and date and mention that the buyer has not signed the form and can then proceed to make the disclosure.

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In this case, the Broker are in a position where they are needed to make the agency disclosure. But, it must be understood that the buyer does not have to sign any disclosure form. Hence, they can have the discussion as long as Betty, the broker, has signed the disclosure.

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3 years ago

What is the complete subject of the sentence? The black stallion ate apples from the trees near the fence.

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4 years ago

Read 2 more answers

There is a design methodology called rapid prototyping, which has been used successfully in software engineering. Given similari

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Answer: This is not plagiarism

Which of the following is true for the Student Version?

Word-for-Word plagiarism

Paraphrasing plagiarism

This is not plagiarism

Explanation:

Plagiarism is the use of a published work without attributing credit to the author. Word-for-word plagiarism is when a body of text is copied from the original work and made to seem like one's work.

Paraphrasing Plagiarism rewrites the text by substituting words with their synonyms but it still has the same information as the original text.

In this question, the student's version is different from the original text. The student argues for the efficiency of rapid prototyping while the original text explains why it is a possible design methodology for instructional design. What they both have in common is that they mention how successful rapid prototyping has been in software design.

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3 years ago