This is an example of the Pygmalion effect.
The Pygmalion effect or commonly known as the Rosenthal Effect is credited to Rosenthal and Jacobsen.
This Pygmalion effect is a type of self-fulfilling prophecy wherein you think something will happen and you may consciously make it happen.
The awsner is Scholars revived an interest in classical ideas.
Explanation:
I mess up everything I try to do. So the don't like my help :(
the likely reasons that the market for dress shirts is not perfectly competitive are<u> dress shirts are not a standardized (homogeneous) product.</u>
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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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