The equilibrium point in a competitive market exists at the point of optimal market efficiency.
<h3>What is competitive market?</h3>
A competitive market exists a term in economics that guides to a marketplace where there exist a large number of buyers and sellers and no single buyer or seller can influence the market. Competitive markets have no obstacles to entry, lots of buyers and sellers, and homogeneous products.
In economics, especially general equilibrium theory, A perfect market also understood as an atomistic market, is determined by several idealizing requirements, collectively anointed perfect competition or atomistic competition.
No, the monopoly can never be additional efficient than the perfectly competitive market because the competitive market exists at the point of optimal market efficiency and the monopoly will deliver at the point where the MR and the MC stand equal. here the market has the excess capability and a dead weight loss.
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Marginal analysis is to examine the added benefits versus the added cost of an activity. Consumers use marginal analysis unknowingly for their decisions everyday. While producers use marginal analysis as a tool for making a decision that will help them maximize their financial gain.
False, professional shoplifters steal to resell items
On roadside signs in high-traffic areas.
In the results of a Google-powered search on a desktop computer.
In the mail.
In any of three-million sites and apps.
On a website during mobile browsing.
In any of three-million sites and apps.
On a website during mobile browsing.
Answer: Options D and E.
<u>Explanation:</u>
Local catalog advertisements (LCA) are an exceptionally visual and simple to-peruse promotion position that utilization feed information from nearby stock advertisements and arrive at watchers of Display advertisements.
LCA can assist you with driving pedestrian activity to your neighborhood stores by featuring store-explicit items, costs, and store data.