Answer:
D. All of the above.
Explanation:
Their are many reasons why economists study the perfect competition model but we will focus on the options given and it is certified that all of them are the reason for this. Because it is used as a benchmark to compare with other market structures etc.
Firms can enter and leave the market without any restrictions , therefore, there is free entry and exit into and out of the market.
A perfectly competitive firm is known to be a price taker because the pressure of competing firms forces them to accept the prevailing equilibrium price in the market. If a firm in a perfectly competitive market raises the price of its product by so much as a penny, it will lose all of its sales to competitors.
Answer is: <span>pre-conventional (level 1).
There are three levels of moral development.
Level 1 - pre-conventional morality. Common in children, moral code is set by the standards of adults.
Level 2 - conventional morality. Common in adolescents and adults, acceptance of society's conventions.
Level 3 - post-conventional morality. Based on individual rights and justice.</span>
Answer:
In sports, cheating is all about an unfair competitive advantage, and it's policed in order to maintain the integrity of the game so that everyone operates under the same set of rules. Unfortunately, we often treat other areas of life as though they're games, too. ... Life is not a sport.
Answer:
<h2>The Tri-Chromtic theory</h2>
Explanation:
The Tri-chromatic theory is based on the assumption that the three classes of cone receptors sub serve the colour vision. This theory dates back to 18th century and was popular during the first half of 20th century and was often used against the opponent processes theory. It was also known as Young-Helmholtz theory of colour vision, according to this theory there are three receptors in the retina that are responsible for the perception of colour. These receptors have different sensitivity level. Blues ones are the most sensitive and the red ones the least. But to perceive the colour needs the interaction between at least two photo receptors. Then the three colours are combined to form any colour in the visible spectrum.
