Perfect competition is the simplest market structure, where the market is assumed to be in equilibrium and that all sellers sell the same product at the same price. The four conditions for perfect competition are:
1. There are many buyers and sellers in the market so that no one individual or seller can influence the price of the products, goods, and services.
2. Identical products are offered by the sellers
3. Both the buyers and the sellers are well-informed about the products and want to maximize profit.
4. Entry and exit to and from the market can be done freely by the sellers and buyers.
There is no market which displays 100% perfect competition. However, markets exhibiting nearly perfect competition do exist. These include street food vending and agricultural markets.
Answer:
The correct answer is : A
Explanation:
This happens when you are touched by feelings when you are moved by your emotions. It is the expression of your feelings by using different ways such as gestures, voice tone or other emotional signs which describe your reaction when facing a situation.
Answer:
behavioral segmentation
Explanation:
Behavioral segmentation or behavioral by purchasing habits allows identifying and quantifying groups of individuals (or companies) that exhibit a homogeneous purchasing behavior, with respect to the products / services that make up the company's portfolio, among individuals belonging to the same group and disparate between individuals of different groups.
Answer:
North Korea is in the North and South Korea is in the South
Explanation:
Explained
Learned helplessness is a psychological disorder. It occurs when a person feel stressful situation repeatedly. In this situation they believe that they are not able to work and move. So that they do not try to escape or take action against the situation.
The opportunities become changed according to the situation. Martin Saligman explained about learned helplessness. Learned helplessness leads to the psychological disorder such as stress and depression. It is also included mental disorder such as PTSD.