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:
Gehendra Shumsher was a great person. He contributed a lot for our country. He made different armours, rice mills, etc for the soilders of our country. We can get a great inspiration from his life. We should do something for our country. Small good steps can help to develop the country. Gehendra Shumsher is not with us now but his contributions would always be with us. We should follow the path of patriotism.
Frederick Douglass<span> was born in February 1817 on the eastern shore of Maryland. ... slaves out to </span>others<span>, decided to send Douglass to Baltimore, Maryland, to live with ... beat and mistreat slaves until they </span>gave<span>up and did whatever they were told. ... his </span>speeches<span> were well thought out and forceful, and he was able to </span>inspire<span> </span>
<span>Sparta is most commonly known today as the militaristic rival of enlightened Athens in ancient Greece. It is remembered for its military accomplishments particularly the heroic defense under King Leonidas of the pass at Thermopylae in 480 BC.</span>
