The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.
Answer:
<h2>The value of this expression is <u>
A: 3</u></h2>
Step-by-step explanation:
You can round $10.95 to $11 so 11x8=88
Emma made about $88
|3k-2|=2|k+2l
Do Distributive Property and take 2 times by everything in the parenthesis. That will leave you with |3k-2|=2k+4. Then add like terms. 3k+2k=5k. Then -2+4=2. So you end up with 5k+2. I believe I'm right. If not please tell me.
