Answer:
A firm is a price taker BECAUSE other firms can dive into the market with ease and manufacture a product that is not so different from every other firm's product. With this, it will not be easy for any firm to set their own prices.
Explanation: A trade that do not affect the price of a commodity if he or she buys or sells shares is called a PRICE TAKER.
Firms in perfectly competition market are price takers because as soon as the equilibrium price is set for a commodity, firms must accept.
Agriculture is an example of a perfect competition since each farmers have no control on the market price .
Also, financial assets like stocks and bonds is a good example too
You spread misinformation if its not
Law and morality are two normative systems that control and regulate behaviors in a human community so as to allow harmonious and effective intersubjectivity between individuals who recognize one another as bearers of rights. The values of any society are its own law. One of the purpoess of law is to provide a list of "norms" which constitute obligatory rules of behavior for the members of the society. These legal norms are closely related to various social values, being either a direct expression of them or serving them in a more indirect way.
Ethics are known to be a composition of different forms of moral values that a person set for one's self as well as their own personal behavior.
Laws are known to be structured rules that is said to be use to run or govern a place or society.
The term values of any place is one that is often seen in its law. They are known to be personal beliefs that influences people to act one way or others.
<h3>Why is it important to know about each of these? </h3>
It will help to guard one's character and behaviors in a place or the society.
The State need to consider Morality and also Ethics in the creation of new laws by examining the society and looking at what need to be done.
Hence, Ethics are known to be a composition of different forms of moral values that a person set for one's self as well as their own personal behavior.
Learn more about Ethics from
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Answer:
1
Explanation:
I pretty sure its number one, you eventualy need to do #4 tho
